Wednesday, February 11, 2015

Yoma Strategic kept at 'hold' with lower target price of 57 cents by CIMB

Stock Name: Yoma Strategic
Company Name: YOMA STRATEGIC HOLDINGS LTD
Research House: CIMBPrice Call: HOLDTarget Price: 0.57



SINGAPORE (Feb 10): Yoma Strategic Holdings today saw CIMB decreased its target price to 57 cents, from 60 cents, while maintaining its "Hold" call.

The research house said this adjustment serves to commensurate with the group's recent right issue and based on a 20% discount to financial year 2015 (FY15) revalued net asset valuation (RNAV).

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