Bursa Malaysia Stock Watch
Mah Sing Group: Hold
kltrader
Publish date: Tue, 22 Nov 2011, 03:00 PM
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.
Hits 2011 sales target
Maintain Hold. MSGB's 9M11 net profit came in as expected. MSGB has hit its RM2b sales target for 2011 before year-end whilst unbilled sales have shot up to all time high at RM2.1b (1.4x our 2012 forecast). No change to our earnings forecasts and RM1.76 TP (40% discount to RM2.94 RNAV). The new guidelines on responsible finance by BNM could result in some selling pressure on property counters although we think the real impact on property demand may not be significant.
Maybank research (22 November 2011)
Click here for full report ''
Maintain Hold. MSGB's 9M11 net profit came in as expected. MSGB has hit its RM2b sales target for 2011 before year-end whilst unbilled sales have shot up to all time high at RM2.1b (1.4x our 2012 forecast). No change to our earnings forecasts and RM1.76 TP (40% discount to RM2.94 RNAV). The new guidelines on responsible finance by BNM could result in some selling pressure on property counters although we think the real impact on property demand may not be significant.
Maybank research (22 November 2011)
Click here for full report ''
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on Bursa Malaysia Stock Watch
Tambun Indah - The 2nd Penang Bridge To Narrow Property Price Gap
Created by kltrader | Oct 11, 2012
Plantation ' Share Prices Not Reflecting CPO Price Movement ' Is A Correction Coming? (Neutral)
Created by kltrader | Oct 11, 2012
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
BFM Podcast
2
3
Koon Yew Yin's Blog
5
CGS-CIMB Research
Genting Plantations - Proposed Land Acquisition in Indonesia
6
save malaysia!
8
Good Articles to Share
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
