Stock Name: Yoma Strategic
Company Name: YOMA STRATEGIC HOLDINGS LTD
Company Name: YOMA STRATEGIC HOLDINGS LTD
| Research House: DBS Vickers | Price Call: BUY | Target Price: 0.78 |
SINGAPORE (May 25): DBS Group Research is maintaining its "buy" recommendation for Yoma Strategic Holdings, the conglomerate with a portfolio of businesses in Myanmar, with a lower target price of 78 cents compared to 82 cents previously.
In a report out today by analyst Derek Tan, DBS expects Yoma's non-real-estate business to pick up the slack of a slowdown for its developments at Pun Hlaing Golf Estate and StarCity in in 2015.
In its property outlook, Yoma expects sales momentum to moderate as competition rises.
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