Bursa Malaysia Stock Watch
Tan Chong Motor: Maintain Buy - Expect Solid 2Q12 Results
kltrader
Publish date: Wed, 15 Aug 2012, 10:28 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.
Expect Solid 2Q12 Results
Source: Maybank Research - 15 August 2012
- Maintain BUY and TP of MYR5.38 (10x FY13 PER). We expect TCM to post 2Q12 results that are stronger on a QoQ basis, within our expectation.
- 2H12 would be even stronger, we project, driven by higher vehicle sales, notably the new Almera model. FY12 earnings however may have downside risk from the overseas operations.
- We maintain our earnings forecasts for now, and reckon investors should look to TCM's FY13 prospects, for its competitively- priced B-segment model line-up which will likely capture the attention of the domestic market.
Source: Maybank Research - 15 August 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
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-07-24 15:55:00
EMA 5
5 Mins
SELL
2024-07-24 15:55:00
ADX
5 Mins
SELL
2024-07-24 15:55:00
TURTLE SYSTEM 20
5 Mins
SELL
2024-07-24 15:50:00
EMA 5
10 Mins
SELL
2024-07-24 15:50:00
ADX
10 Mins
SELL
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
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....
