Singapore Stock Market News

Vard Holdings - Currency woes

StockFanatic
Publish date: Wed, 09 Sep 2015, 01:27 PM
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Siem Stingray / Pic Credits : vard.com
• We expect 3Q15 to be impacted by further FX losses

• Weakness in North Sea could lead to further contract cancellations/deferments

Reiterate Sell (5); lower target price to SGD0.34
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