Bursa Malaysia Stock Watch
Dialog Group RM2.40: Buy
kltrader
Publish date: Thu, 17 Nov 2011, 03:41 PM
kltrader
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No surprises, on track for growth
Maintain Buy. 1QFY12 results yielded no surprises with Dialogregistering a solid 35% YoY growth in net profit. We are keeping ourconservative forecasts unchanged with further upside potential. Wecontinue to like its business model, its focused management anddefensive qualities that offer steady and progressive dividends. Dialogremains among our preferred Buys in O&G with an unchanged RM3.35target price (sum-of-part valuations).
Maybank research (17 November 2011)
Click here for full report ''
Maintain Buy. 1QFY12 results yielded no surprises with Dialogregistering a solid 35% YoY growth in net profit. We are keeping ourconservative forecasts unchanged with further upside potential. Wecontinue to like its business model, its focused management anddefensive qualities that offer steady and progressive dividends. Dialogremains among our preferred Buys in O&G with an unchanged RM3.35target price (sum-of-part valuations).
Maybank research (17 November 2011)
Click here for full report ''
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