Assuming 20% penetration, UOB’s bull case fair value is 1.8 cents, while its bare case fair value stands at 0.8 cent assuming 10% penetration within the same period.
SINGAPORE (July 3): UOB Kay Hian is starting coverage on anti-theft technology provider DISA, formerly known as Equation Summit, at “buy” with a target price of 1.3 cents.
The DCF-derived target price is assuming a base case of 15% penetration into the combined accessible market of Walmart, Target and Kroger by FY28.
