Bursa Malaysia Stock Watch

UEM Land (Hold): Bagging government lands?

kltrader
Publish date: Fri, 16 Dec 2011, 02:00 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.
Maintain Hold. Rising news-flow on government land development awards may lift UEML's near-term share price as it is viewed as one of the frontrunners. Whilst UEML may benefit from these land wins, some of its existing projects especially in Mont Kiara are facing competition from the rising RM15b KL Metropolis project. We maintain our earnings forecasts and RM2.02 TP (40% discount to RM3.37 RNAV). UEML will be the first property group to be included in FBMKLCI 30 (from 19 Dec).

Maybank research (16 December 2011)

Click here for full report
Related Stocks
Discussions
Be the first to like this. Showing 4 of 4 comments

berid

why will be? i think already in KLCI30.. weird maybank made such report..

2011-12-16 15:41

Jake

UEMLand @ RM2.02 TP??

2011-12-17 16:16

dknycom

UEMLAND @ PRICING AROUND RM 1.90-2.00 NEXT MONTH.

2011-12-18 08:34

wkimchuan

why price forecast so low?

2011-12-18 10:35

Post a Comment