Bursa Malaysia Stock Watch
Eversendai (BUY) - 2nd deal for Qatar National Museum
kltrader
Publish date: Thu, 19 Apr 2012, 09:53 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.
Eversendai (BUY)
2nd deal for Qatar National Museum
- Awarded QAR160m (~RM134m) structural steel project from HyundaiEngineering & Construction for Package 2 of the Qatar National Museum. The project isanticipated to be completed in 2013.
- The latest order brings Eversendai's outstanding order book to ~RM2.1bn,translating to ~2.1x FY11's revenue and ~1.6x order book-to-market cap ratio.Assuming a PAT margin of 10%, the latest order translates to ~1.2 sen/share forthe company (after adjusting for its 70% stake).
- Maintain BUY with TP of RM2.00 based on 12x averageFY12-13 earnings.
Source: Hong Leong Investment Bank Research - 19 April 2012
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
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
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-11-25 16:50:00
EMA 5
5 Mins
BUY
2024-11-25 16:10:00
EMA 5
5 Mins
SELL
2024-11-25 16:05:00
EMA 5
5 Mins
BUY
2024-11-25 15:35:00
ADX
5 Mins
BUY
2024-11-25 14:40:00
ADX
10 Mins
SELL
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
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....
