Bursa Malaysia Stock Watch

YTL Power International RM1.80: Buy

kltrader
Publish date: Fri, 18 Nov 2011, 09:55 AM
kltrader
0 20,638
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.
Look to M&As for the next catalyst
 
Conserving cash for M&As? YTL Power International's (YTLP)1QFY12 results were within expectations. While we had hoped that1QFY12 DPS would revert to 3.75 sen tax exempt, it remainedsubdued at 1.875 sen tax exempt. That said, 1.875 sen tax exempt stilloffers a decent 4.2% net dividend yield on an annualized basis that willhelp limit downside risk. Maintain Buy and DCF based TP of RM2.02.We understand that YTLP may embark on a major M&A soon.


Maybank research (18 November 2011)

Click here for full report ''
Related Stocks
Discussions
1 person likes this. Showing 0 of 0 comments

Post a Comment