GLOMAC: Property Developer Faces Sales Challenges, Rating Downgraded to Hold
“`html Financial News Report GLOMAC: Property Developer Faces Sales Challenges, Rating Downgraded to Hold Key Information Summary Investment Bank TA SECURITIES TP (Target Price) RM0.33 (+7.1%) Last Traded RM0.31 Recommendation HOLD Financial analysts have adopted a more cautious stance on a property developer following recent meetings with management, citing a likely longer path to earnings…