U-market

Broker's Calls

Formation of corporate finance team brings new hope to Neo Group, says RHB

SINGAPORE (Nov 14): RHB Research continues to rate catering firm Neo Group at “neutral” at an unchanged target price of 64 cents after its 2Q18 results, which were dragged down by newly-acquired subsidiary U-Market, was reported to come in at a loss o

Broker's Calls

Neo Group left to simmer as group digests recent acquisitions

SINGAPORE (May 26): RHB is maintaining its “hold” call on Neo Group with 62 cents target price as it expects the group to slow down on its acquisitions, given its high gearing ratio.
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