Bursa Malaysia Stock Watch
Malaysia Airports a 'buy' at RM6.15
kltrader
Publish date: Tue, 15 Jun 2010, 06:39 PM
kltrader
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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.
Malaysia Airports is rated a 'buy' with a target price of RM6.15 at Hwang-DBS.
The research house noted that Malaysia Airports' plans to increase retail space by an average of 36 per cent and revenue by 28-30 per cent in five airports this year.
These are part of its initiatives to grow commercial revenue contribution.
As part of its five-year business direction 2010-14, the Group highlighted that commercial development will drive earnings over the next 5 years.
The research house noted that Malaysia Airports' plans to increase retail space by an average of 36 per cent and revenue by 28-30 per cent in five airports this year.
These are part of its initiatives to grow commercial revenue contribution.
As part of its five-year business direction 2010-14, the Group highlighted that commercial development will drive earnings over the next 5 years.
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