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
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https://www.stocksbnb.com/
2019-04-16
SGX Stock
Analyst Report
99998
SAME
0.160
