Bursa Malaysia Stock Watch

SIME - Sime upgraded to 'buy' at HwangDBS

kltrader
Publish date: Mon, 29 Nov 2010, 11:07 AM
kltrader
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Following Message 
Stock Name: SIME
Company Name: SIME DARBY BHD
Research House: HWANGDBS


 
 Sime Darby Bhd, the world's biggest publicly traded palm oil producer, was upgraded to "buy" from "hold" at HwangDBS Vickers Research Sdn Bhd, after recovery in most of the group's businesses exceeded expectations. 
 
"We believe Sime deserves a second look as current earnings growth momentum still has legs," HwangDBS said in a report today. 
 
The share price estimate was raised to RM10.20 from RM9.00. - Bloomberg 
 
 
 
 
   
 
     
 
   
 
 
    
   
               
 
 
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