Thursday, November 20, 2014

Yoma Strategic held at 'buy' with 74 cents fair value by OCBC

Stock Name: Yoma Strategic
Company Name: YOMA STRATEGIC HOLDINGS LTD
Research House: OCBCPrice Call: BUYTarget Price: 0.74



SINGAPORE (Nov 20): OCBC Investment Research has maintained its "buy" call on Yoma Strategic Holdings with an unchanged fair value estimate of 74 cents.

In a report on Nov 20, analyst Eli Lee and Andy Wong Teck Ching Yoma recently acquired stakes in a Mandalay airport operator, automotive business and cold chain JV. However, the analysts would prefer to wait for more information before assessing their financial impact on the stock and revising their recommendation.

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