In a report last Friday, lead analyst Joseph Ng says he remains positive on the stock despite the latest quarter’s earnings decline.
SINGAPORE (Feb 19): OCBC Investment Research is maintaining its “buy” call on Roxy-Pacific Holdings with a higher fair value estimate of 66 cents from 60 cents previously, with a change of the stock’s covering analyst and the fine-tuning of assumptions following the developer’s recent announcement of its 4Q17 results.
