Singapore Stock Market News

Noble Group - Commodity weakness persists

StockFanatic
Publish date: Wed, 06 May 2015, 11:03 AM
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■ 1Q15 weakness in line. Net fell 30% YoY.

■ Broad-based pressures. Traditional China-related business under pressure while key associates also missed expectations.

■ Maintain HOLD for lack of near-term catalysts. GGM TP still at SGD0.96. Prefer Wilmar in sector.
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