Bursa Malaysia Stock Watch

YTLPOWR - Lower dividends

kltrader
Publish date: Fri, 24 Feb 2012, 10:31 PM
kltrader
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YTL Power; Hold; RM1.90
Price Target: RM2.20; YTLP MK

1HFY12 result in line, but DPS was lower q-o-q. New power plant in Malaysia and potential acquisitions are longer term catalysts. Maintain Hold on reasonable valuation.

Source: HwangDBS Research 24 Feb 2012
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