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The group expects a better performance in fiscal year of 2018 Focusing on organic growth

Focusing on organic growth: The group expects a better performance in fiscal year of 2018 given their diversified business model, while expects an ongoing organic growth boosted by their International, Commercial and Coffee & Allied Beverages divisions. Domestic franchising of this division is forecasted to witness a better growth, driven by their initiatives for QSR Division and Michel’s Patisserie Brand System.

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Is the Mantra Group Ltd share price in the buy zone?

Commonwealth Games are expected to boost revenue growth: The Commonwealth Games will be the largest sporting event that Australia will see this decade and is estimated to have a $2 billion of economic impact. The event is scheduled for April 2018, will see participation from 6,600 athletes and team officials from 70 nations. Moreover, there will be 17 competition venues consisting

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Why Myer Holdings Ltd share tumbled?

Myer Holdings Ltd (ASX: MYR) has announced that as a result of continued weakness in retail trading conditions, and particularly in July, the Company now anticipates FY2017 NPAT (pre-implementation costs and significant items) to be between $66 million and $70 million. Myer anticipates FY2017 implementation costs (pre-tax) to be between $18 million and $20 million. Further, Myer has updated the

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Retail Food Group Limited Accounting changes and non-core expense hurt the stock sentiment

Accounting changes and non-core expense hurt the stock sentiment: Retail Food Group Limited (ASX: RFG) stock lost over 34% in the last six months (as of July 20th, 2017). The group’s new accounting standards which were effective from 1 July 2019 could have an impact on overall results. Further, the advances made by RFG to the Michel’s Patisserie and Pizza Capers

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