Bursa Malaysia Stock Watch
Tan Chong Motor: Maintain Buy - Here Comes a New Challenger!
kltrader
Publish date: Tue, 10 Jul 2012, 09:51 AM
kltrader
0 20,464
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, TP of MYR5.38. We expect the upcoming launch of the B-segment Almera to be a hit and become TCM's best-selling model over the next 12-18 months. This would lift earnings growth over the next two years. No change to our earnings forecasts based on 2012-13 vehicle sales forecasts of 36k and 42k respectively (2011: 32k). Our TP of MYR5.38 at 10x FY13 PER is premised on historical average with slight premium to reflect our optimism in TCM's improving prospect.
Click here for full report
Source: Maybank Research - 10 July 2012
Click here for full report
Source: Maybank Research - 10 July 2012
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
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
.png)
MQ Trading Signals
Time
Signal
Duration
Type
2024-08-28 15:00:00
EMA 5
Hourly
SELL
2024-08-28 14:00:00
EMA 5
30 Mins
SELL
2024-08-28 12:10:00
EMA 5
10 Mins
SELL
2024-08-28 12:05:00
EMA 5
5 Mins
SELL
2024-08-28 12:05:00
ADX
5 Mins
SELL
Apps
Top Articles
1
Stock Market Enthusiast
PBBANK: Technical Outlook Suggest Target of RM5 (Uptrend but Overbought) - KingKKK
2
Koon Yew Yin's Blog
5
Koon Yew Yin's Blog
6
save malaysia!
7
8
#
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....
