Bursa Malaysia Stock Watch

UMW Holdings: Maintain Buy - Results Tracking Expectations

kltrader
Publish date: Fri, 17 Aug 2012, 10:10 AM
kltrader
0 20,460
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 and MYR11.45 TP. Results track expectations as 1H12 net profit accounts for 46% of our full-year forecasts.
  • We keep our forecasts unchanged and expect a stronger 2H12 performance anchored by its auto and O&G divisions.
  • Our target price is pegged to 13x FY13 PER, in line with its 5-year historical mean.
Click here for full report

Source: Maybank Research - 17 August 2012
Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment