Brokers' take

Moya Holdings Asia | BUY (Initiate coverage)
Target price: S$0.17
Sept 4 price: S$0.115

RHB Research, Sept 4

Moya is the only listed proxy to Indonesia's water treatment sector, and has become the largest water treatment player in terms of capacity after its acquisition of Acuatico.

With its S$60 million cash hoard, we believe it could continue with its acquisition spree to further consolidate Indonesia's private water treatment sector.

With rapid forecasted growth and further cost savings initiatives,...


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to