Highlights

TA Enterprise - Property income picked up

Date: 19/12/2012

Source  :  HWANGDBS
Stock  :  TA       Price Target  :  0.90      |      Price Call  :  BUY
        Last Price  :  0.515      |      Upside/Downside  :  +0.385 (74.76%)
 


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 0.515 +0.015 (3.00%) 636,800 

  Be the first to like this.
 


 

322  365  511  514 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 REACH-WA 0.035+0.01 
 AAX 0.395-0.02 
 M3TECH-WA 0.03+0.025 
 FGV 2.11-0.17 
 VIVOCOM 0.27-0.015 
 AIRASIA 2.86-0.18 
 HIBISCS 0.200.00 
 IRIS 0.17-0.015 
 FGV-C15 0.235-0.06 
 THHEAVY 0.18+0.005 
Partners & Brokers