Singapore Stock Market News

OSIM International - Breaking new ground; BUY

StockFanatic
Publish date: Tue, 22 Jul 2014, 10:57 AM
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■ TWG Tea to strengthen OSIM's brand and help to generate higher sales per outlet for massage chairs.

■ New uInfinity and uDiva massage chairs are the best ever, with uDiva's 30% price rise a powerful revenue catalyst.

Raising FY14E-15E forecasts by 4% and 5%; TP raised to SGD3.50. Maintain BUY.
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