Singapore Stock Market News

Yoma - The Seeds of Wave-5

StockFanatic
Publish date: Thu, 31 Oct 2013, 03:44 PM
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Technical Recommendation: Trading Buy, TP: $0.87-0.89


Substantial shareholder ups stake, 2Q results expectation underpins stock price - Within our SMC coverage, Yoma is one of the few companies that our covering analyst thinks can record a healthy y-o-y and q-o-q growth and also stands a good chance of beating expectations as it catches up on property sales and construction (refer to report"Small Mid Caps - Growth matters" dated 21 Oct). Results release is expected on November 14.

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