GMD [BUY +20.6%] - Core business lines remain robust, signalling strong 2017 - Update
  • 2016-11-11T10:02:15
  • Company Research
We maintain our BUY rating on GMD owing to its leading position in the port and logistics segments, but lower our target price by 4% due to weaker than expected container throughput volume at Hai Phong port zone due to the slowdown in border trade with China.