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SHS Holdings Ltd – Ceasing Coverage

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Publish date: Tue, 21 May 2019, 11:43 AM
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  • 1Q19 results missed our forecasts. The gestation period for the growth drivers were much longer than expected.
  • We are ceasing coverage on SHS Holdings Ltd. We had a NEUTRAL recommendation with a TP of S$0.194. Our previous recommendation can no longer be relied on. 

Source: Phillip Capital Research - 21 May 2019

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