27-03-2014, 07:44 PM
Strong potential not to be missed
- Rising GalaxyTM penetration and scant competition see Sarine closer to entrenching its monopoly in inclusion mapping.
- New revenue drivers target the highest value-add segment of the diamond industry, ensuring the next leg of growth.
- Switch to DCF-based intrinsic valuation model yields higher TP of SGD3.09. Reiterate BUY.
http://research.maybank-ib.com/pdf/docum...4_4004.pdf [Full Report]
(Vested)
- Rising GalaxyTM penetration and scant competition see Sarine closer to entrenching its monopoly in inclusion mapping.
- New revenue drivers target the highest value-add segment of the diamond industry, ensuring the next leg of growth.
- Switch to DCF-based intrinsic valuation model yields higher TP of SGD3.09. Reiterate BUY.
http://research.maybank-ib.com/pdf/docum...4_4004.pdf [Full Report]
(Vested)
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.