Brokers' take
Koufu Group > Buy UOB Kay Hian, March 8 March 8 close: S$0.675 Target price: S$0.95
WE believe the market has overlooked key growth vectors with regard to Koufu's expansion plans while concerns over headwinds in the food court business are overblown.
At the current valuation, the stock is a steal for a company with solid niche leadership in a potential high-growth high-margin business. We think net profit could grow at double-digit levels from 2019 but consensus expec…
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