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2009-5-7 04:04:00 p.m. HKT, XFNA
DJ MARKET TALK:Embry To Face Economic Downturn With Resilience-TF
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| 1552 [Dow Jones] STOCK CALL: Taifook expects Embry (1388.HK) will face economic downturn with resilience as leading retailer of lingerie products in China offers multiple brands to meet diversified customer needs. House keeps Buy with target at HK$3.14, representing 13.2X FY09 P/E, inline with industry average in more mature U.S. market. Stock +2.5% at HK$2.05.(SUT) Contact us in Hong Kong. 852 2802 7002; MarketTalk@dowjones.com
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(Delayed by 1 hour)
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