Wednesday, Apr 1, 2015Wednesday, Apr 1, 2015
Business
 

Money Talk: OSIM, SIIC Environment

Published on Jul 9, 2014 1:12 PM
 
Advertising and promotion spending allows OSIM to sell massage chairs for a 70 per cent gross margin while maintaining topline growth of 7 per cent per annum. -- PHOTO: OSIM

SINGAPORE - Stay up to date on market chatter with our picks of the latest broker research reports, compiled by The Straits Times Money Desk.

1. OSIM

Broker: CIMB

We initiate coverage on OSIM with an Add rating and a $4.60 target price. We view OSIM as a brand company, and a great proxy for the growing affluent consumer class in Asia.

 
Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!

Videos