Bursa Malaysia Stock Watch

COASTAL - Persevering in an uncertain market

kltrader
Publish date: Mon, 27 Feb 2012, 11:04 AM
kltrader
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Coastal Contracts; Buy; RM2.40
Price Target: RM3.25; COCO MK

FY11 earnings in line. FY12F revenues largely backed by its RM610m order book with c.30% gross
margins. Maintain Buy with RM3.25 TP.

Source: HwangDBS Research 27 Feb 2012
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