Bursa Malaysia Stock Watch

Sunway (Hold): A margin-led quarter

kltrader
Publish date: Fri, 25 Nov 2011, 11:32 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.
In line. Sunway's RM226m 9M11 core net profit accounted for 72-80% of our full-year estimates and consensus. The formalization of Bank Negara's prudent lending guidelines removes the uncertainties in the market pertaining to policy risk. We hence raise our TP to RM2.28 on a reduced 40% discount (50% previously) to RNAV. Maintain Hold.

Maybank research (25 November 2011)

Click here for full report
Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment