Bursa Malaysia Stock Watch

RHBInvest Research Highlights 13th October 2011

kltrader
Publish date: Thu, 13 Oct 2011, 10:16 AM
kltrader
0 20,407
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.

13th October 2011
 
Top Story: KFC ' Earnings outlook not dampened by gloomy economic conditions                       Outperform
Visit Note
''       Management estimates that for KFCH's Indian operations to breakeven, it would need approximately 30-35 outlets, which we believe would be achieved by mid- to end-2013. KFCH currently has 10 outlets in India , which is expected to grow to 15-17 outlets by end FY11, in line with our estimates. KFCH is targeting to have 25 stores in India by end-2012, which means 8-10 more new outlets to be opened in 2012.
 
Regional Coverage
 
Indonesia Banks: Recessionary risks not fully priced in           Neutral
Sector Update ( Indonesia )
Bank Rakyat Indonesia :  Fair value IDR6,300                          Market Perform
Bank Mandiri:  Fair value IDR6,500                                             Market Perform
Bank Central Asia :  Fair value IDR6,100                                    Underperform
Bank Danamon:  Fair value IDR4,700                                         Market Perform



Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment