Bursa Malaysia Stock Watch
SP Setia (BUY)
kltrader
Publish date: Tue, 03 Apr 2012, 09:38 AM
kltrader
0 20,641
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.
SP Setia (BUY)
- SP Setia and Rimbunan Hijau Group have entered into a JV FrameworkAgreement ('JFVFA') with Qinzhou Jingu Investment Co, Ltd to set up a JVcompany to develop, construct and operate the China-Malaysia Qinzhou Industrial Park ('QIP')on ~13,590 acres of mixed development land.
- Recall that the QIP was proposed by the Chinese Premier to Malaysia'sPrime Minister during last year's Malaysia-China Economic, Trade &Investment Cooperation Forum.
- We see this deal assignificantly enhancing its share performance prospects. Given that SPSetia's valuations are well below UEM Land's, we upgrade to BUY, and raisetarget price to RM4.39 (10% discount to RNAV).
Source: HLIB Research - 3 April 2012
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
Featured Posts
Latest Videos
Apps
Top Articles
1
2
3
Good Articles to Share
What’s behind the slew of restaurant bankruptcies in 2024? Experts unpack the problems
4
Good Articles to Share
5
Good Articles to Share
Four convicted in Spain over homophobic murder that sparked nationwode protests
6
Good Articles to Share
7
Good Articles to Share
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
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....
Jake
The warrant is trading at a discount now...maybe a cheaper entry.
2012-04-06 16:53