Bursa Malaysia Stock Watch

SPSETIA - 'Hold' rating on SP Setia retained

kltrader
Publish date: Fri, 24 Sep 2010, 12:37 PM
kltrader
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Stock Name: SPSETIA
Company Name: SP SETIA BHD
Research House: MAYBANK



Maybank likes SP Setia for its market leader position, revenue visibility and views it as a proxy to the booming local property demand.

Maybank maintains its forecasts, but raise target price to RM4.91, adding that the stock remains a 'Hold' with just an 8 per cent upside to target price.

 
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