Thursday, March 27, 2014

Sarine

Sarine: Maybank-KE reckons that the long-term investment case for Sarine is still fundamentally intact and the strong potential is not to be missed, reiterates their Buy call with TP of $3.09, implying a 27% upside on the current price. Sarine's Galaxy system is on track to become the leading automated inclusion mapping system for the world’s rough diamond industry, amidst the scant competition. Sarine Light and Sarine Loupe, the two new pillars of growth which target the highest value-add segment of the diamond industry is expected to generate substantial contributions by FY15.

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