Bursa Malaysia Stock Watch

Media Chinese Int'l Ltd (Sell): Strong results, but challenging outlook

kltrader
Publish date: Tue, 29 Nov 2011, 10:37 AM
kltrader
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Decent results but caution ahead. Media Chinese International Limited's (MCIL) 1HFY12 results were within expectations. It is confident of a decent 3QFY11 but like other media companies, it is cautious of its CY2012 outlook. Maintain Sell call and RM0.90 TP as we believe that there is still downside risk to our adex forecasts.

Maybank research (29 November 2011)

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jtpc2006

MediaC is one of the better media companies, excellent dividends.

2011-11-29 12:07

danielsoh

yea.. but they must stay competitive in order to continue producing good results...

2011-11-29 17:19

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