Outlook remains promising for Megachem even as margins face risks: NRA

SINGAPORE (Apr 30): NRA Capital likes Megachem as a proxy to broad economic growth, and values the counter at $67.9 million or at about 14.7 times FY18F PATMI.

This comes after the specialty chemical solutions provider reported a strong set of results for 2H17, resulting in 88.1% higher FY17 earnings of $4.2 million.