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PublicInvest Research

Author: PublicInvest   |   Latest post: Fri, 18 Jun 2021, 10:10 AM

 

Technical Buy: SEDANIA (0178)

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Description

SEDANIA specialises in innovations in the business verticals such as financial technology, internet of things solutions, green technology solutions and sharing platform. Besides that, SEDANIA also ventures into the electronic sports business.

Fundamentals

SEDANIA anticipates that the effects of COVID-19, if any, such as expected credit losses of financial assets and impairment assessments of assets (property, plant and equipment and investments in subsidiaries and associates), would be recognised in the financial statements for the FY2020. Nevertheless, the Board of Directors is mindful of the challenges of the ‘new normal’ and remains committed to seek opportunities for business growth and looking for new segments and markets to penetrate in order to deliver maximum value to the group’s stakeholders.

Source: PublicInvest Research - 6 Jul 2020

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Labels: SEDANIA

Related Stocks

Chart Stock Name Last Change Volume 
SEDANIA 0.81 -0.015 (1.82%) 15,119,000 

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