Bursa Malaysia Stock Watch
Eversendai Corporation: Maintain Buy - Good Growth To Sustain
kltrader
Publish date: Thu, 24 May 2012, 09:42 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.
Within expectations. 1Q12 net profit of MYR27m (-25% QoQ, +21% YoY) made up 19% of our FY12 forecast and 21% of street estimates. This is in line as 1Q is traditionally the softer quarter and we expect earnings to catch up with its strong outstanding order book of MYR1.9b (+33% YTD). We continue to like Eversendai for its bright job-flow prospects, coming from Middle East and also local power plant jobs. Maintain forecasts, BUY and TP of MYR2.17 (12x FY12 PER).
Click here for full report
Source: Maybank Research - 24 May 2012
Click here for full report
Source: Maybank Research - 24 May 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
Don't Miss Out: Up to USD1,000 in Our Lucky Draw!
Apps
Top Articles
1
The Alpha Trader
2
AnimatedMotion
3
THE INVESTMENT APPROACH OF CALVIN TAN
4
Good Articles to Share
5
Good Articles to Share
People are turning to these alternative routes amid strong desire for money: CEO
6
Good Articles to Share
7
Good Articles to Share
Ukraine says Russian shelling targets civilians in Kharkiv region
8
Good Articles to Share
F1 driver Max Verstappen on the departure of his design chief #sports #shorts
#
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....
