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Brokers' Take
Published Tue, Nov 4, 2014 · 09:50 PM
Cosco Corp (Singapore) | Sell
Nov 4 close: S$0.615
Target price: S$0.50
OCBC Investment Research, Nov 4
WITH the recent announcement regarding the delay in delivery of the Sevan 650 unit, the group currently has three offshore projects that have already been cancelled or are at risk of cancellation. Looking ahead, margins may be pressured even further as the group executes l…
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