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New projects to support 800 Super's earnings despite 2Q disappointment, says Phillip Capital

Michelle Zhu
Michelle Zhu2/12/2018 11:37 AM GMT+08  • 1 min read
New projects to support 800 Super's earnings despite 2Q disappointment, says Phillip Capital
SINGAPORE (Feb 12): Phillip Capital is maintaining its “accumulate” rating on 800 Super Holdings with a target price of $1.35, or 17.8 times FY18 earnings.
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SINGAPORE (Feb 12): Phillip Capital is maintaining its “accumulate” rating on 800 Super Holdings with a target price of $1.35, or 17.8 times FY18 earnings.

This comes after the waste management company last week posted a 32% drop in 2Q earnings to $2.47 million on lower revenue and higher expenses.

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