Bursa Malaysia Stock Watch
GAMUDA - Buy Gamuda at RM4.90: HwangDBS
kltrader
Publish date: Fri, 03 Dec 2010, 11:36 AM
kltrader
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Stock Name: GAMUDA
Company Name: GAMUDA BHD
Research House: HWANGDBS
HwangDBS Vickers has given a "buy" recommendation to Gamuda and raised the stock's target price to RM4.90.
"Like for MMC, we built in realistic assumptions for the RM40 billion MRT project - 50 per cent probability the MMC-Gamuda JV would clinch the RM14 billion tunneling works, " says HwangDBS.
Company Name: GAMUDA BHD
Research House: HWANGDBS
HwangDBS Vickers has given a "buy" recommendation to Gamuda and raised the stock's target price to RM4.90.
"Like for MMC, we built in realistic assumptions for the RM40 billion MRT project - 50 per cent probability the MMC-Gamuda JV would clinch the RM14 billion tunneling works, " says HwangDBS.
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