Bursa Malaysia Stock Watch
MBMR - Moving up the value chain
kltrader
Publish date: Tue, 27 Mar 2012, 12:12 PM
kltrader
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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.
MBM Resources; Buy; RM4.56
Price Target: RM6.10 (Prev: RM3.65); MBM MK
FY12/FY13F net profit raised by 6%/14% after including contributions from Hirotako and OMI's alloy wheel manufacturing unit. May set up own manufacturing plant. Shareholders advised to subscribe rights issue ' a cheaper entry to a stable, growth stock. Maintain Buy; raised TP to RM6.10 TP after upgrading target valuation.
Source: HwangDBS Research 27 March 2012
Price Target: RM6.10 (Prev: RM3.65); MBM MK
FY12/FY13F net profit raised by 6%/14% after including contributions from Hirotako and OMI's alloy wheel manufacturing unit. May set up own manufacturing plant. Shareholders advised to subscribe rights issue ' a cheaper entry to a stable, growth stock. Maintain Buy; raised TP to RM6.10 TP after upgrading target valuation.
Source: HwangDBS Research 27 March 2012
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