In today’s briefing:
- Morning Views Asia: Central China Securities, Nickel Industries Ltd, China Datang Corp Renewable Power
- EML Payments – Shifting focus to solve current challenges
Morning Views Asia: Central China Securities, Nickel Industries Ltd, China Datang Corp Renewable Power
Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.
EML Payments – Shifting focus to solve current challenges
EML Payments has announced the appointment of a new interim CEO and a renewed focus to solve the immediate challenges facing the company. This includes strengthening support for the regulatory remediation process, optimising costs, targeting growth in core business areas and retaining talent. The board has also appointed Barrenjoey to conduct a strategic review of the business. We maintain our estimates.
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