Bursa Malaysia Stock Watch

KLCC Property a 'hold' at Kenanga

kltrader
Publish date: Tue, 18 May 2010, 12:31 PM
kltrader
0 20,639
This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
Kenanga is maintain its 'hold' call on KLCC Property Holdings with an unchanged fair value of RM3.44, based on SOP RNAV.

The share price of KLCC is expected to remain capped in the short to medium term due to dilution issues arising from uncertain RCULS conversion timeline.

'FY10 recurring net profit (RNP) of RM237 million came within expectations, accounting for 98 per cent of street's FY10E RNP of RM242 million and 100 per cent of our RM237 million,' says Kenanga.
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment