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Published Fri, Aug 2, 2019 · 09:50 PM
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BreadTalk Group > Hold (maintained) DBS Group Research, Aug 2 Aug 2 close: S$0.69 Target price: S$0.77
MAINTAIN "hold", with a lower target price of S$0.77. The weak bakery performance in China in the current quarter, along with wider than expected start-up losses from 4orth division led us to reduce our FY19-20F earnings by 18-19…
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