Bursa Malaysia Stock Watch
HwangDBS Research Highlights - 24 April 2012
kltrader
Publish date: Tue, 24 Apr 2012, 09:42 AM
kltrader
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Highlights
British American Tobacco; Hold; RM55.50
Price Target: RM53.40 (Prev: RM46.60); ROTH MK
Hold for yields
Within expectation; declared first interim DPS of 65 sen. Lifted by higher sales volume and lower operating expenses. Maintain Hold, TP revised higher to RM53.40 TP. FY12F yield at 4.5%.
Tanjung Offshore; Fully Valued; RM0.93
Price Target: RM0.70; TOFF MK
Early exit option
Source: HwangDBS Research - 24 April 2012
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