Singapore Stock Market News
Dairy Farm - Costs a concern
StockFanatic
Publish date: Mon, 16 Dec 2013, 01:07 PM
StockFanatic
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
■ Margins likely to be lower going forward due to higher operating costs, lower gross profit
■ Lower margins could lead to soft FY13F results
■ Trim FY14F/FY15F earnings by 15% each
■ Downgrade to HOLD with lower US$9.46 TP
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