Bursa Malaysia Stock Watch
SapuraKencana Petroleum: Maintain Buy - Secures MYR1.3b Contract Extension
kltrader
Publish date: Fri, 25 May 2012, 09:39 AM
kltrader
0 20,638
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.
Maintain BUY with a MYR2.68 TP. The one-year contract extension for PETRONAS' T&I work worth MYR1.3b is a positive for SapuraKencana's order book and provides extended earnings visibility. It also reflects the growing momentum of PETRONAS' contract flows in Malaysia. We expect order flows to intensify in 2H12, for several sizeable domestic projects are underway. Our target price pegs SapuraKencana at 20x FY1/14 EPS, supported by its robust growth prospects and lean balance sheet.
Click here for full report
Source: Maybank Research - 25 May 2012
Click here for full report
Source: Maybank Research - 25 May 2012
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
Apps
Top Articles
1
2
BFM Podcast
3
BFM Podcast
5
BFM Podcast
6
Good Articles to Share
China’s chip advances stall as US curbs hit Huawei AI product
7
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
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....
