Stock Name: Allgreen
Company Name: ALLGREEN PROPERTIES LTD
Research House: CIMB
Company Name: ALLGREEN PROPERTIES LTD
Research House: CIMB
CIMB in a Feb 25 research report says: "FY2010 core net profit of $144 million was 14% above our estimate but 19% short of consensus. The outperformance was primarily due to the timing of presales recognition. Development proceeds are expected to underpin its earnings this year but the growth trend should continue to head south.
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