Bursa Malaysia Stock Watch
Glomac: Maintain Buy - A Record Year
kltrader
Publish date: Wed, 27 Jun 2012, 09:28 AM
kltrader
0 20,407
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; raising TP. Glomac's FY4/12 core net profit of MYR79.3m (+26% YoY) was within our expectations but beat consensus forecasts by 6%. Its total 5.5sen gross DPS for FY4/12 was also in line. We tweak our FY4/13-14earnings forecasts by -2.9% to +2.6% post FY4/12 results, and introduce FY4/15 forecast. Our TP is raised to MYR1.10 (+14sen; unchanged 40% discount to RNAV). Glomac is deeply undervalued at just 0.8x P/BV and 5.8x FY4/13 PER.
Click here for full report
Source: Maybank Research - 27 June 2012
Click here for full report
Source: Maybank Research - 27 June 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
Featured Posts
Latest Videos
Apps
Top Articles
1
BFM Podcast
2
CGS-CIMB Research
Genting Plantations - Proposed Land Acquisition in Indonesia
3
4
Koon Yew Yin's Blog
6
save malaysia!
8
THE INVESTMENT APPROACH OF CALVIN TAN
TSH RESOURCES (9059) VERSUS JOHOR PLANTATION GROUP (5323) Compare & Contrast, Calvin Tan
#
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....
