Bursa Malaysia Stock Watch
Sapura Kencana Petroleum Bhd: Maintain Buy - Co-owns FPSO Berantai
kltrader
Publish date: Thu, 16 Feb 2012, 09:42 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.
Positive asset expansion. We are positive on SapCrest-Kencana's 49% investment in FPSO Berantai. The FPSO, to be deployed to the field by 2Q12, should contribute about 5% or RM40m p.a. (with a 7-year visibility) to the combined entity's 2013 net profit. Maintain Buy on SapCrest and Kencana, with target prices of RM5.60 and RM3.66 respectively, which are unchanged for now. Incorporating the Berantai FPSO contribution would lift these TPs by a further 6% and 5% respectively.
Maybank Research 16 Feb 2012
Click here for full report
Maybank Research 16 Feb 2012
Click here for full report
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
More articles on Bursa Malaysia Stock Watch
Tambun Indah - The 2nd Penang Bridge To Narrow Property Price Gap
Created by kltrader | Oct 11, 2012
Plantation ' Share Prices Not Reflecting CPO Price Movement ' Is A Correction Coming? (Neutral)
Created by kltrader | Oct 11, 2012
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
BFM Podcast
2
CGS-CIMB Research
Genting Plantations - Proposed Land Acquisition in Indonesia
3
4
Koon Yew Yin's Blog
6
save malaysia!
8
Good Articles to Share
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
