Highlights

TA Enterprise - Property income picked up

Date: 19/12/2012

Source  :  HWANGDBS
Stock  :  TA       Price Target  :  0.90      |      Price Call  :  BUY
        Last Price  :  0.44      |      Upside/Downside  :  +0.46 (104.55%)
 


TA Enterprise; Buy;
Fair value: RM0.90 (Prev: RM1.00); TAE MK


3QFY13 result was within our expectation; property income picked up and hotel business was stable, but broking remained a drag. Expect larger contribution ahead from property development as sales have picked up. No dividend was declared in the quarter, as expected. Maintain BUY rating; nudged down SOPderived TP to RM0.90.

Source: HwangDBS Research - 19 Dec 2012

Share this
Labels: TA

Related Stocks

Chart Stock Name Last Change Volume 
TA 0.44 -0.005 (1.12%) 1,786,900 

  Be the first to like this.
 


 

302  329  452  683 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 HIBISCS 0.31+0.01 
 GADANG-WB 0.255+0.25 
 HSI-H63 0.46-0.03 
 REACH-WA 0.080.00 
 APFT 0.065-0.005 
 RGB 0.240.00 
 TRIVE 0.095+0.01 
 ASIABIO 0.055+0.005 
 AIRASIA 2.60-0.04 
 KNM 0.33-0.005 
Partners & Brokers