Morgan Stanley lowered the projected EPS of FIH (02038.HK) +0.040 (+1.013%) Short selling $2.19M; Ratio 9.135%
in 2014 by 10% but uplifted the 2015 projected EPS by 10%, reflecting a
quarter's delay in the increased production of flagship models and the
better control on OPEX. Morgan Stanley expected that the company will
experience a 84% growth in 2015. It also raised the target price of FIH
from HK$5 to HK$5.3 and reiterated the rating of Overweight.
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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