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Y Ventures' past year initiatives are starting to bear fruit

Samantha Chiew
Samantha Chiew • 3 min read
Y Ventures' past year initiatives are starting to bear fruit
SINGAPORE (Apr 9): UOB Kay Hian is reiterating its “buy” recommendation on Y Ventures with a target price of 80 cents.
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SINGAPORE (Apr 9): UOB Kay Hian is reiterating its “buy” recommendation on Y Ventures with a target price of 80 cents.

In a Monday report, analyst Nicholas Leow says, “From a low base in 2017, we forecast net profit to surge to US$2.7m as initiatives in 2017 look to bear fruit this year.”

These include the recognition of sales from Faire Leather (of over $400,000) from its launch in Kickstarter in Nov 2017.

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