VEA [OUTPERFORM +13.0%] - Car sales firmly on the rise - Update
  • 09 May 2019
  • Company Research
We upgrade our rating from MARKET PERFORM to OUTPERFORM following an 8% share price correction over the last three months while our target price remains unchanged. We trim 2019F NPAT-MI by 0.5% as lower motorbike sales projections and larger projected los