Singapore Stock Market News

Sino Grandness - Ready, Willing and Able

StockFanatic
Publish date: Wed, 28 Aug 2013, 11:57 AM
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A reassuring conference call. In the light of the recent shortseller's attack on China Minzhong, Sino Grandness' management has been very responsive and open in dealing with investors' concerns and readily agreed to hold a conference call with our clients yesterday despite the extremely short notice given to them.

In all, the concall was organised within 90 minutes and 20 clients participated. We think the information shared by management was helpful and informative, and should go a long way to calming investor concerns. We maintain our BUY call and target price of SGD1.89 on Sino Grandness.
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