Bursa Malaysia Stock Watch
Dialog Group: Maintain Buy - A Solid Performance
kltrader
Publish date: Tue, 14 Aug 2012, 09:32 AM
kltrader
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A Solid Performance
Source: Maybank Research - 14 August 2012
- BUY for earnings and dividends growth potential. FY6/12 results were in line with our expectation.
- We maintain our FY6/13-14 earnings forecasts and remain optimistic on Dialog's long term growth prospects.
- Dialog remains among our preferred BUYs in O&G with an unchanged MYR3.05 target price (based on a sum-of-parts valuation). We continue to like its business model, focused management and steady dividends.
Source: Maybank Research - 14 August 2012
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