Singapore Stock Market News

Sarine Technologies - Credit crunch hits

StockFanatic
Publish date: Tue, 11 Nov 2014, 04:44 PM
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■ 3Q14 net profit of USD5.7m in line.

■ Expect credit issues for customers in 4Q14. Cut FY14E-16E EPS by 3-8%.

Maintain HOLD with lowered DCF TP of SGD2.98, from SGD3.16.
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