Bursa Malaysia Stock Watch

WASEONG - Wah Seong cut to 'sell' at AmResearch

kltrader
Publish date: Wed, 01 Dec 2010, 09:34 AM
kltrader
0 20,411
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: WASEONG
Company Name: WAH SEONG CORPORATION BHD
Research House: AMMB



Wah Seong Corp, a Malaysian pipe-coating company, was cut to "sell" from "hold" at AmResearch Sdn Bhd to reflect its weak earnings outlook after third-quarter net income slid 60 per cent from a year earlier.

The stock's fair value was reduced to RM1.80 from RM2.20, Alex Goh, an analyst at AmResearch, said in a report today. -- Bloomberg

 
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment