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Is this a good TeleChoice?

Jude Chan
Jude Chan • 2 min read
Is this a good TeleChoice?
SINGAPORE (Feb 9): TeleChoice International is expected to report an earnings decline for 4Q and FY16 compared to a year ago.
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SINGAPORE (Feb 9): TeleChoice International is expected to report an earnings decline for 4Q and FY16 compared to a year ago.

For the first nine months of FY16, TeleChoice posted earnings down 15.8% to $3.7 million. Revenue fell 7.7% in 9M16 to $386.0 million, from $418.4 million in the same period a year ago.

But CIMB analyst William Tng notes that TeleChoice traded at a historical FY15A P/BV of 1.65x as at Feb 7, compared to its peers’ average of 3.84x.

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