Stock Name: VizBranz
Company Name: VIZ BRANZ LIMITED
Company Name: VIZ BRANZ LIMITED
| Research House: OCBC | Price Call: HOLD | Target Price: 0.52 |
VIZ BRANZ LIMITED 10 Jul 2012 |
Dear TRs, Viz Branz (VB) has called for a trading halt on its shares at 1.55pm. The last time it called for a trading halt (25 May), VB announced a proposed bonus share issue. We think there are several possibilities for this halt, one of which is an update on the dispute between its current CEO and previous CEO (father and son). We will update again when we have more details. In the meantime, we have a HOLD rating on the stock with a fair value estimate of S$0.52. |
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