Highlights

TA Enterprise - Property income picked up

Date: 19/12/2012

Source  :  HWANGDBS
Stock  :  TA       Price Target  :  0.90      |      Price Call  :  BUY
        Last Price  :  0.95      |      Upside/Downside  :  -0.05 (5.26%)
 


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 0.95 -0.01 (1.04%) 1,721,700 

  Be the first to like this.
 


 

328  398  416  488 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SUMATEC 0.415-0.01 
 IBHD-LR 0.075-0.01 
 KNM 0.835-0.04 
 GLOTEC 0.10-0.005 
 SANICHI 0.125+0.01 
 NEXGRAM 0.14-0.005 
 MEGB 0.34-0.025 
 PASUKGB 0.37+0.01 
 NIHSIN 0.465-0.005 
 KTB 0.55+0.025 
Partners & Brokers