Bursa Malaysia Stock Watch

LITRAK - RNAV premium justified

kltrader
Publish date: Wed, 29 Feb 2012, 11:47 AM
kltrader
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Litrak; Hold; RM4.03
Price Target: RM4.00 (Prev RM3.65); LTK MK

3QFY12 profit beat estimate, declared 7sen DPS. PLUS' interest in Litrak might appeal to investors. Hold, raised RNAV-derived TP to RM4.00.

Source: HwangDBS Research 29 Feb 2012
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