Bursa Malaysia Stock Watch

PCHEM - No sign of strong recovery

kltrader
Publish date: Thu, 15 Mar 2012, 12:16 PM
kltrader
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Petronas Chemicals; Fully Valued; RM6.78
Price Target: RM5.90; PCHEM MK
Weak economic recovery may undermine demand. Raised FY12/13 earnings by 7%/18% on higher utilisation and selling prices. Maintain Fully Valued with revised RM5.90 TP.
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