Singapore Stock Market News

Trek 2000 - Gone Off Trek

StockFanatic
Publish date: Mon, 09 Nov 2015, 04:35 PM
StockFanatic
0 10,453
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.

Disappointing 3Q15 results despite robust 23.8% YoY topline growth - NPAT fell 27.6% YoY, mainly on a 94.8% rise in R&D costs to USD1.8m and a USD600,000 loss from a subsidiary. Downgrade to NEUTRAL with a SGD0.31 TP (from SGD0.52, 3% downside) as we cut FY15F/FY16F NPAT by 40%/38% to factor in higher R&D costs. Together with OSIM, Trek is trying to advance into the medical technology segment.
Read more »
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment