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02013 WEIMOB INC
RTNominal down1.120 -0.240 (-17.647%)
Research Report

17/08/2021 17:12

{I-bank focus}Credit Suisse lowers Weimob (02013) to HK$20.8

[ET Net News Agency, 17 August 2021] Credit Suisse lowered its target price for Weimob
Inc (02013) to HK$20.8 from HK$27 and maintained its "outperform" rating.
The research house said it raises its 2021E revenue by +1% but lower 2022/23E by 2%/5%
on potential increasing competition from open platforms and expanded verticals as well as
regulatory headwinds. It also lowers its 2021/22/23E EPS by 228%/140%/109% on higher opex,
including increased personnel cost from acquisition. (RC)

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