Bursa Malaysia Stock Watch

GENP - Buy for long term growth

kltrader
Publish date: Mon, 16 Apr 2012, 11:26 AM
kltrader
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Genting Plantations; Buy; RM9.60
Price Target: RM11.00; GENP MK

Acquisition of 74k ha to underpin long term earnings visibility. 60% of unplanted areas to drive expansion. Maintain Buy with RM11.00 TP.

Source: HwangDBS Research - 16 April 2012
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