Bursa Malaysia Stock Watch
AIRASIA - RHB lifts AirAsia earnings forecast to 16pc
kltrader
Publish date: Thu, 12 Aug 2010, 05:53 PM
kltrader
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Stock Name: AIRASIA
Company Name: AIRASIA BHD
Research House: RHB
AirAsia Bhd's earnings forecasts for 2010 to 2012 were raised 7 to 16 per cent to reflect higher yields and traffic, RHB Research Institute Sdn Bhd said in a report today.
AirAsia's second-quarter earnings result will exceed RHB's expectations, it said. The carrier's fair value was raised to RM2.08 from RM1.88, according to the report. - Bloomberg
Company Name: AIRASIA BHD
Research House: RHB
AirAsia Bhd's earnings forecasts for 2010 to 2012 were raised 7 to 16 per cent to reflect higher yields and traffic, RHB Research Institute Sdn Bhd said in a report today.
AirAsia's second-quarter earnings result will exceed RHB's expectations, it said. The carrier's fair value was raised to RM2.08 from RM1.88, according to the report. - Bloomberg
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