Brokers' take

Yoma Strategic Holdings | Buy Target price: S$0.58 May 31 close: S$0.405 DBS Group Research, May 31

Despite some disappointment on Myanmar's economic growth, we believe Yoma remains the best proxy of a potential economic turnaround in Myanmar with the new government in place. With its diversified portfolio in property, consumer and automotive sectors, Yoma is well placed to tap into the growth.

Potential catalysts include recovery in Myanmar's property market and its non-real estate businesses turning profitable.