Bursa Malaysia Stock Watch
KENCANA - OSK Research: Kencana results within expectations
kltrader
Publish date: Thu, 30 Sep 2010, 10:05 AM
kltrader
0 20,639
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.
Stock Name: KENCANA
Company Name: KENCANA PETROLEUM BHD
Research House: OSK
KUALA LUMPUR: OSK Research said KENCANA PETROLEUM BHD []'s FY10 results were within expectations.
It said on Thursday, Sept 30 that although the 4QFY10 revenue was quite flattish on-quarter, the net profit was up 33% on-quarter contributed by the lower expenses incurred and better cost management as well as fabrication of higher margin product mix.
'Going forward to the next quarter, Kencana will have additional revenue contribution coming from the MKR-1. Maintain Buy on Kencana with a target price of RM2.06 based on PER of 16 times CY11 EPS,' it said.
Company Name: KENCANA PETROLEUM BHD
Research House: OSK
KUALA LUMPUR: OSK Research said KENCANA PETROLEUM BHD []'s FY10 results were within expectations.
It said on Thursday, Sept 30 that although the 4QFY10 revenue was quite flattish on-quarter, the net profit was up 33% on-quarter contributed by the lower expenses incurred and better cost management as well as fabrication of higher margin product mix.
'Going forward to the next quarter, Kencana will have additional revenue contribution coming from the MKR-1. Maintain Buy on Kencana with a target price of RM2.06 based on PER of 16 times CY11 EPS,' it said.
More articles on Bursa Malaysia Stock Watch
Tambun Indah - The 2nd Penang Bridge To Narrow Property Price Gap
Created by kltrader | Oct 11, 2012
Plantation ' Share Prices Not Reflecting CPO Price Movement ' Is A Correction Coming? (Neutral)
Created by kltrader | Oct 11, 2012
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
2
3
save malaysia!
4
5
7
8
AmInvest Research Reports
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
