Bursa Malaysia Stock Watch

Sunway REIT: Maintain Buy - No suprises

kltrader
Publish date: Thu, 26 Apr 2012, 10:32 AM
kltrader
0 20,246
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.
Reiterate BUY. SunREIT's 9MFY6/12 core net profit of MYR142.5m accounted for 75-77% of our and consensus full-year estimates. SunREIT's declared MYR0.019 DPU for 3Q (YTD: MYR0.056) was also in line. No change in our earnings forecasts and MYR1.40 TP. Potential surprises could come from new asset injections (e.g. colleges) which gear towards providing a stable income stream.

Click here for full report

Source: Maybank Research - 26 April 2012
Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment