SUBSCRIBERS
Brokers' Take
Published Fri, Jan 9, 2015 · 09:50 PM
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Vard Holdings
Sell
DMG & Partners Research | Jan 9 |
Jan 9 close: S$0.61
Target price: S$0.51
THOUGH it has fallen 42 per cent in six months, we think that Vard's valuations today are still high, trading at 11x FY15 forecast PE (price-to-earnings) v…
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