|
Top Calls
|
||
|
|
||
|
Results Note � British American Tobacco
(REDUCE, maintain)
- Long-term prospects remain challenging BAT�s 9M14 earnings of RM741.6m came in within our and consensus expectations. Both revenue and bottom line grew despite weaker sales volume because higher ASPs propped up profitability. Looking ahead, in view of the challenging environment, we maintain our REDUCE rating with an unchanged DDM-derived TP of RM62.40.
|
|
Other Calls
|
||
|
|
||
|
Economy � ASEAN Outlook � Weekly Wrap (10 � 16 Oct 2014)
- Will falling global oil prices impact on Asean growth?
|
||
|
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.