![IHH Healthcare - DBS Research 2015-11-27: Impacted By Translation Losses IHH Healthcare - DBS Research 2015-11-27: Impacted By Translation Losses](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEha_Kw8Jv5olbFljMmh4kL4Ys18ZdqUkZRO2F5WReXWznQQcPGr4hXEE5_7RGHlGw1YGRTZOYKfjJLlOVL8Vma-hfMFIibaE-mVo3bgiKtX6f6LVwEP4DtmRJ9PPuOfwcWSi0ZWeuHvJFi3/s1600/IHH+Healthcare+Berhad.png)
IHH Healthcare - Impacted By Translation Losses
Premium status reflected in price, Maintain HOLD.
- We maintain our HOLD recommendation for IHH with a revised TP of RM6.19/ S$2.04.
- While we like its geographical diversification and premium healthcare services provider status, we believe current valuation at c.48x FY16F PE reflects this.
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