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Home / Capital / Brokers Calls

Ezion an opportunity for bottom-fishing after unexpected selldown, says DBS

Broker's Calls

Ezion an opportunity for bottom-fishing after unexpected selldown, says DBS

PC Lee Published on Tue, May 15, 2018 / 1:25 PM GMT+8

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SINGAPORE (May 15): DBS Group Research is maintaining a “buy” on Ezion Holdings saying the stock provides a bottom-fishing opportunity.

With successful restructuring, improving outlook and strategic shareholders coming in above 20 cents, DBS says it did not expect the stock to be sold down to 0.5 times impaired book value.

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