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Brokers' take

Published Wed, Oct 21, 2015 · 09:50 PM

ISEC Healthcare | Buy

Oct 21 close: S$0.29

Target price: S$0.40

Maybank Kim Eng, Oct 20

ISEC has underperformed in the past few months, now trading below its initial public offering (IPO) price of S$0.28. Malaysian ringgit weakness was one reason, especially in Q3. Another could have been its mergers and acquisitions (M&A) which have …

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