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The Raffles Hospital logo, operated by Raffles Medical Group Ltd., is displayed on the exterior of a hospital building in Singapore. 2014's S$65.1 million recurring net profit (+4 per cent year-on-year) was a tad below our S$69 million estimate.

Noble Group | Outperform

Feb 17 close: S$1.05

Target price: S$1.60

Macquarie Research, Feb 16

ICEBERG Research published a negative report on Noble. It highlights concerns we share, but they are not "new news...

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