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Author: traderhub8   |   Latest post: Thu, 23 May 2019, 9:21 AM

 

Y Ventures Group Ltd – Ceasing Coverage

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  • We are ceasing coverage on Y Ventures Group. The previous recommendation can no longer be relied upon.
  • The share price has met our target price of S$0.16.
  • The auditor of the company has issued a qualified opinion on the accuracy, existence and valuation of its inventories. The amount concerned is US$168,118.
  • The auditor highlighted material uncertainty of the company to continue as a going concern.

Source: Phillip Capital Research - 16 Apr 2019

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Labels: Y Ventures

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