Bursa Malaysia Stock Watch

SIME - Still undervalued

kltrader
Publish date: Tue, 14 Feb 2012, 06:51 PM
kltrader
0 20,638
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.
Sime Darby; Buy; RM9.67
Price Target: RM11.25; SIME MK

FY12F-14F earnings raised by 4-6% after accounting for revised CPO prices and FX rates. 2QFY12 NPAT expected at RM1.0bn, down 6% QoQ on weaker plantation and motor contributions. Efforts to boost plantation productivity may yield more upside than expected. Reiterate Buy call for 19% return; some catalysts have not been priced in

Source: HwangDBS Research 14 Feb 2012
Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 1 of 1 comments

lotsofmoney

Big company big problems.

2012-02-15 09:54

Post a Comment