However, RHB has lowered its target price to 15 cents from 17 cents previously to factor a 10% lower FY18 NPAT after accounting for higher amortisation and financing costs, based on management’s latest guidance.
SINGAPORE (Mar 2): RHB is maintaining Moya Holdings Asia on “buy”, saying the year is going to be a “superb year” for the group.
The research house is looking foward to acquisitions, the extension of sxpiring concessions as well as full accretion of its Acquatico acquisition.
