Bursa Malaysia Stock Watch
MMCCORP - OSK Research: Gamuda, MMC, MRCB to benefit from infra projects
kltrader
Publish date: Wed, 22 Sep 2010, 10:36 AM
kltrader
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Stock Name: MMCCORP
Company Name: MMC CORPORATION BHD
Research House: OSK
KUALA LUMPUR: OSK Research said key players involved in infrastructure development are expected to benefit from the implementation of the Economic Transformation Programme, including the RM36 billion KL mass rapid transit which features in the Greater Kuala Lumpur plan.
In a research note on Wednesday, Sept 22, it continued to see the beneficiaries being those involved in infrastructure development, including Gamuda (TRADING BUY, FV: RM4.00) and MMC Corp (TRADING BUY, FV: RM2.59) for the MRT and MRCB (TRADING BUY, FV: RM1.80), which may be involved in land development around KL.
'Do note that all these stocks have minimal or no upside to our fair values, and are very much Trading Ideas riding on positive sentiment from economic reform,' it said.
Company Name: MMC CORPORATION BHD
Research House: OSK
KUALA LUMPUR: OSK Research said key players involved in infrastructure development are expected to benefit from the implementation of the Economic Transformation Programme, including the RM36 billion KL mass rapid transit which features in the Greater Kuala Lumpur plan.
In a research note on Wednesday, Sept 22, it continued to see the beneficiaries being those involved in infrastructure development, including Gamuda (TRADING BUY, FV: RM4.00) and MMC Corp (TRADING BUY, FV: RM2.59) for the MRT and MRCB (TRADING BUY, FV: RM1.80), which may be involved in land development around KL.
'Do note that all these stocks have minimal or no upside to our fair values, and are very much Trading Ideas riding on positive sentiment from economic reform,' it said.
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