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Goodpack gains 2.5%; strong fiscal 2H10 expected, says Kim Eng

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Goodpack (G05.SG) is up 2.5% at $1.66 in active trade as investors increasingly hopeful of outlook amid rising demand for company’s bulk containers, reported Dow Jones Newswires. “We have examined various data points, which suggest the demand for natural and synthetic rubber is poised for a strong turnaround, as the global economy picks up,” says Kim Eng Securities, which has “buy” call with $2.18 target.

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