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Brokers' take

Puff products remained the major contributor to its revenue, accounting for c.33.6 per cent of the group's Q2 '17 revenue.

Mermaid Maritime | HOLD
Target price: S$0.14
August 17 close: S$0.143

DBS Group Research, August 17

Mermaid's order book declined by some 34 per cent quarter-on-quarter to US$98.6 million for Q2 '17, setting a new low. While continued deferment...

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