Stronger greenback may benefit London Biscuits’ top-lineLondon Biscuits Bhd
(March 17, RM0.79)
Downgrade to trading sell with a target price of 83 sen. Although the first half of financial year 2015 (1HFY15) net profit of RM8.6 million came in at 51% of our estimate, we consider this to be below expectat...