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Y Ventures Group Ltd – Ceasing Coverage
traderhub8
Publish date: Tue, 16 Apr 2019, 03:46 PM
- 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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