Credit Suisse slashed ANTON OILFIELD (03337.HK) -0.370 (-17.209%) Short selling $26.79M; Ratio 24.556% 's
2014-2016 earnings forecasts by 30%-57% to reflect the income trend for
the first nine months of this year, while expecting that the company's
revenue this year would recede 5% and profit for 2014 would decrease
84%. The broker cut the target price from $2 to $1.4 and reiterated the
Underperform rating.
BASETROPHY GP (08460.HK) Expects Jan-Aug Results to Swing to Loss BASETROPHY GP (08460.HK) -0.013 (-8.280%) issued a profit warning. The group is expected to record a loss for the eight months ended 31 August 2017 as compared with a net profit for the same period of 2016, mainly due to the decrease in revenue recognised by the group and increase of listing expense
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