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Diversification brings in the dough for undervalued BreadTalk
In spite of the weak spending environment.
Diversified offerings and mass market prices will continue to bring in the dough for Breadtalk. According to OSK DMG, the undervalued stock is well poised for growth even in the weak spending environment.
Though Singapore has been a challenging market this year, Breadtalk is counting on growth in China and Thailand.
“In our recent discussions with the company, we are happy with its more moderate store expansion strategy going forward, which we believe will boost bottomline margins,” noted OSK DMG.
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