Wednesday, December 3, 2014

IPS Securex kept at 'buy' with target price of $1.26 by OSK-DMG

Stock Name: IPS Securex
Company Name: IPS SECUREX HOLDINGS LIMITED
Research House: OSK-DMGPrice Call: BUYTarget Price: 1.26



SINGAPORE (Dec 3): OSK-DMG is calling a buy on IPS Securex with a target price of $1.26.

In a Dec 3 report, analyst Jarick Seet says he is optimistic that IPS will clinch more contract wins and expand their product line in the near future.

Last night, IPS announced it has entered into a framework cooperation agreement with Bio-Nexus, which enables IPS to integrate Bio-Nexus's patented mobile workflow engine software platform into various solutions. IPS will also be the prime promoter to sell and market the solutions to Asean countries.

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