SDG sunland group limited
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rbs recommendation

  1. Teotihuacan
    425 Posts.
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    02/10/09
    23:34
    Post #: 5728560
    RBS is maintaining its HOLD recommendation on SDG as it is apparently worried about the remaining projects in Dubai and it adjusted its forecast to include the expected upcoming 15% additional buyback announced by SDG during the week.

    However the broker does at least acknowledge SDG's financial health, management's ability to purchase strategic sites, and the upside SDG will enjoy in any property market recovery in its key domestic markets of QLD, NSW and VIC.





    SDG Price at posting: 81.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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