Highlights

TA Enterprise - Property income picked up

Date: 19/12/2012

Source  :  HWANGDBS
Stock  :  TA       Price Target  :  0.90      |      Price Call  :  BUY
        Last Price  :  0.765      |      Upside/Downside  :  +0.135 (17.65%)
 


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 0.765 -0.005 (0.65%) 502,000 

  Be the first to like this.
 


 

400  360  393  623 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 NEXGRAM 0.105+0.015 
 WINTONI 0.20+0.005 
 HUBLINE 0.025-0.005 
 DGSB 0.13-0.01 
 ETITECH 0.085+0.01 
 TENAGA 14.72+0.22 
 NEXGRAM-WC 0.06+0.015 
 PESONA-WC 0.595-0.005 
 PERISAI 0.655-0.005 
 DGB 0.14-0.01 

TOP ARTICLES

1. INARI - A Heart-Wrenchingly Stock to Many. - YiStock INARI
2. Stock Pick Year 2015 - Feb 2015 Result (Thanks inwest88) Stock Pick Year 2015
3. RICH Slowly and Steady ONG Mali - Come, Let's Talk About Money
4. THE BAD NEWS AND THE GOOD NEWS. A WORD FOR THE FUTURE STOCK TRADERS
5. Starting my VALUE INVESTING PORTFOLIO High growth stocks
Partners & Brokers