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Brokers' take

Published Thu, May 12, 2016 · 09:50 PM

Pan-United Corporation | Fully valued

Target price: S$0.49

May 12 close: S$0.625

DBS Group Research, May 12

Pan-United Corporation's Q1 2016 earnings disappoints on lower ready-mixed concrete (RMC) price and shipping losses. We slash FY2016-2017 forecast earnings by 15-16 per cent.…

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