Bursa Malaysia Stock Watch

CBIP - Looking attractive

kltrader
Publish date: Tue, 20 Mar 2012, 09:40 AM
kltrader
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CB Industrial Product; Buy; RM2.44
Price Target: RM3.00; CBP MK

Robust earnings supported by strong demand for Modipalm mills and capacity expansion; potential upside to margins. Expect special dividend from plantation sale proceeds. Attractive valuations; BUY with higher RM3.00 TP.

Source: HwangDBS Research 20 March 2012
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