Bursa Malaysia Stock Watch
KNM Group: Upgrade to Hold - Above expectations
kltrader
Publish date: Wed, 29 Feb 2012, 09:46 AM
kltrader
0 20,639
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.
Upgrade to Hold. Results were ahead of expectations. KNM was operationally positive in 4Q11, a pleasant surprise. While we remain cautious over its cost management abilities, the worst appears to be over for KNM, with most of the negatives priced in following a 39% QoQ decline in its share price. Against this backdrop, we upgrade KNM to a Hold with an unchanged TP of RM0.88 on 8x 2013 PER. KNM needs to deliver a consistent set of quarterly results to warrant further re-rating.
Maybank Research 29 Feb 2012
Click here for full report
Maybank Research 29 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
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-11-22 16:15:00
EMA 5
5 Mins
SELL
2024-11-22 16:15:00
ADX
5 Mins
SELL
2024-11-22 16:10:00
EMA 5
10 Mins
SELL
2024-11-22 16:10:00
ADX
10 Mins
SELL
2024-11-22 16:00:00
EMA 5
Hourly
SELL
Apps
Top Articles
1
Good Articles to Share
2
3
Koon Yew Yin's Blog
Why all plantation companies will continue to report more profit - Koon Yew Yin
4
Mercury Securities Research
5
BFM Podcast
6
7
Koon Yew Yin's Blog
8
BFM Podcast
#
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....
