Goldman Sachs, in its latest research report, noted that the third-quarter same-store-sales of DAPHNE INT'L (00210.HK) +0.130 (+3.457%) Short selling $1.57M; Ratio 4.261%
rose 6.3%, better than expectation for 2% and second-quarter's -2%.
Meanwhile, the reading was better than 2.8% decline in same-store-sales
of BELLE INT'L (01880.HK) -0.020 (-0.233%) Short selling $12.32M; Ratio 10.753%
in the third quarter. Due to the performance, the research house raised
the fourth-quarter same-store-sales growth forecast from 3% to 5%.
The target price was lifted from $3.6 to $3.8, with Neutral rating remained.
The target price was lifted from $3.6 to $3.8, with Neutral rating remained.
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