Singapore Stock Market News

OSIM International - Lacklustre environment

StockFanatic
Publish date: Wed, 22 Jul 2015, 01:52 PM
StockFanatic
0 10,452
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.

■ Cut FY15-16 EPS by 16-19% on recent lacklustre consumer spending in China, Hong Kong & Malaysia.

■ Next growth base still under construction. Recently acquired minority stakes in cosmetics & tech companies.

Maintain HOLD till expansion over and/or regional consumer sentiment recovers. TP reduced to SGD1.75 from SGD2.08, still on 18x FY15 EPS, 20% discount to peer average.
Read more »
Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment