Bursa Malaysia Stock Watch

TCHONG - Tan Chong up after share estimate raised

kltrader
Publish date: Mon, 26 Jul 2010, 12:22 PM
kltrader
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Following Message 
Stock Name: TCHONG
Company Name: TAN CHONG MOTOR HOLDINGS BHD
Research House: OSK


 
 Tan Chong Motor Holdings Bhd, an assembler of Nissan cars in Malaysia, rose to the highest level in more than three months after OSK Research Sdn Bhd increased its share price estimate to reflect earnings growth prospects.

The stock climbed 1.9 per cent to RM4.87 at 10.14 am in Kuala Lumpur, set for its highest close since April 13. 

The share price estimate was raised to RM6.40 from RM5.73, OSK said in a report today. - Bloomberg


 
 
 
 
   
 
     
 
   
 
 
    
   
               
 
 
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