External broker reports(aggregated public sources), Euroz Limited

Euroz Hartleys

A Western Australian diversified financial services company focused on providing financial services solutions to Institutional, Corporate & Private Clients. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Euroz Limited

Equity Bottom-Up

<div><ul><li>We initiate coverage on VEEM Limited (VEE) with a SPECULATIVE BUY recommendation and $1.77 target price.</li><li>VEE are accredited specialists in the design and manufacture of high-tech marine propulsion and stabilisation equipment for luxury motor yacht, fast ferry, commercial work boat and Defence vessels.</li><li>Core product ranges include marine propellers and gyrostabilisers, that VEE manufacture at their purpose built 14,700 sqm facility in Perth, Western Australia. </li></ul></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

We initiate coverage on VEEM Limited (VEE) with a SPECULATIVE BUY recommendation and $1.77 target price.VEE are accredited specialists in the design and manufacture of high-tech marine propulsion and stabilisation equipment for luxury motor yacht, fast ferry, commercial work boat and Defence vessels.Core product ranges include marine propellers and gyrostabilisers, that VEE manufacture at their purpose built 14,700 sqm facility in Perth, Western Australia. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Veem Ltd

Veem Ltd - Riding the Tide