Y Ventures Group - Phillip Securities 2019-04-16: Ceasing Coverage

Y VENTURES GROUP LTD. (SGX:1F1) | SGinvestors.io Y VENTURES GROUP LTD. (SGX:1F1)

Y Ventures Group - Ceasing Coverage

  • We are ceasing coverage on Y VENTURES GROUP LTD. (SGX:1F1). The previous recommendation can no longer be relied upon.
  • Y Venture's share price has met our target price of S$0.16.
  • The auditor of the company has issued a qualified opinion on the accuracy, existence and valuation of its inventories. The amount concerned is US$168,118.
  • The auditor highlighted material uncertainty of the company to continue as a going concern. See Y Venture's announcement dated 15 Apr 2019.





Phillip Research Team Phillip Securities Research | https://www.stocksbnb.com/ 2019-04-16
SGX Stock Analyst Report NOT RATED MAINTAIN BUY 99998 SAME 0.160



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