In a Tuesday report, analyst Goh Han Peng notes the group’s “strong and diversified business model”, in addition to its recent move to scale up its consumer and automotive businesses.
SINGAPORE (March 28): RHB Research is maintaining its positive view on Yoma Strategic as “the best proxy to invest in Myanmar” and continues to rate the counter at “buy” with a target price of 78 cents, despite the group posting a 98.7% decline in 3Q17 earnings last month.
(See also: Yoma Strategic 3Q earnings fall 98.7% for 3Q17 on lower fair value gain of telco tower business)
