Bursa Malaysia Stock Watch
AZRB - OSK Research: Buy on AZRB, TP RM1.45
kltrader
Publish date: Fri, 15 Oct 2010, 12:06 PM
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: AZRB
Company Name: AHMAD ZAKI RESOURCES BHD
Research House: OSK
KUALA LUMPUR: OSK Research expects AZRB's earnings to accelerate following a record RM876m worth of jobs secured last year.
The research house said on Friday, Oct 15 that AZRB remains a key beneficiary of government jobs.
'We see a slew of potential jobs from the Govt, private sector and overseas in the coming months. There is also potential for recurring income assets via the UIA Hospital and EKVE,' it said.
OSK Research's FY11-12 earnings are raised by 5%-7%, which pushes up its TP to RM1.45 (45% upside). Given the lagging share price performance YTD, it expects AZRB to catch up.
Company Name: AHMAD ZAKI RESOURCES BHD
Research House: OSK
KUALA LUMPUR: OSK Research expects AZRB's earnings to accelerate following a record RM876m worth of jobs secured last year.
The research house said on Friday, Oct 15 that AZRB remains a key beneficiary of government jobs.
'We see a slew of potential jobs from the Govt, private sector and overseas in the coming months. There is also potential for recurring income assets via the UIA Hospital and EKVE,' it said.
OSK Research's FY11-12 earnings are raised by 5%-7%, which pushes up its TP to RM1.45 (45% upside). Given the lagging share price performance YTD, it expects AZRB to catch up.
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
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
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....
