UOB Kay Hian Research retains hold for Serba Dinamik, TP 70 sen

“Most of the downside is likely to have been priced in, unless KPMG resigns, owners dump shares, or the independent auditor has adverse opinion," UOB Kay Hian Malaysia Research says.

KUALA LUMPUR: UOB Kay Hian Malaysia Research is retaining its hold call for Serba Dinamik with a new target price of 70 sen and entry at 55 sen as most of the downside has been priced in unless there are more unforeseen events.

In its report on Thursday, the research house said it retained its neutral view on the disputes between the company and its external auditor KPMG.