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The thrills of investing in Catalist newcomer Vividthree

Michelle Zhu
Michelle Zhu10/4/2018 11:12 AM GMT+08  • 2 min read
The thrills of investing in Catalist newcomer Vividthree
SINGAPORE (Oct 4): UOB Kay Hian is highlighting Vividthree Holdings, which recently made its SGX Catalist debut on Sept 25, as a stock with attractive industry prospects and investment proposition.
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SINGAPORE (Oct 4): UOB Kay Hian is highlighting Vividthree Holdings, which recently made its SGX Catalist debut on Sept 25, as a stock with attractive industry prospects and investment proposition.

The brokerage has given the stock a valuation range of 44-45 cents based on peers’ 18.7-18.9 times FY20F P/E, with expectations for net profit to grow 64-74% for FY19-20 should the company meet its sales targets.

This comes as the company transforms from a post-production provider to a digital content producer by taking a more profitable model focusing on content production, after securing intellectual property (IP) rights to develop a virtual reality (VR) tour for Train to Busan, a popular Korean film.

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