Bursa Malaysia Stock Watch

TSH - Highest growth profile

kltrader
Publish date: Tue, 14 Feb 2012, 06:52 PM
kltrader
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TSH Resources; Buy; RM2.23
Price Target: RM2.55; TSH MK

Aggressive expansion in Indonesia to resume; maturing estates to drive FFB output growth. Raised FY12/13F earnings by 10/11% after revising CPO price and FX rate. Maintain Buy with higher TP of RM2.55

Source: HwangDBS Research 14 Feb 2012
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