Bursa Malaysia Stock Watch
Sime Darby: Upgrade to Buy - Outperformer; Upgrade to BUY
kltrader
Publish date: Thu, 30 Aug 2012, 09:52 AM
kltrader
0 20,228
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.
- Above expectations. FY6/12 net profit was MYR4,150m (+13% YoY), above our expectations but in line with consensus, boosted by low taxes.
- All divisions posted better results except plantations. We tweak our FY6/13-14 forecasts by +1-2%, largely on a lower assumed tax rate of 27% (previously 30%).
- We roll forward our valuation base to FY6/14 on an unchanged 16x PER target to derive a new TP of MYR11.00 (previously MYR10.80) ' upgrade to BUY. Sime proposed a final single
- tier DPS of 25sen, to bring FY6/12 DPS to 35sen.
Source: Maybank Research - 30 August 2012
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
2024-05-08
SIME2024-05-08
SIME2024-05-08
SIME2024-05-08
SIME2024-05-08
SIME2024-05-08
SIME2024-05-08
SIME2024-05-08
SIME2024-05-08
SIME2024-05-07
SIME2024-05-07
SIME2024-05-07
SIME2024-05-07
SIME2024-05-07
SIME2024-05-07
SIME2024-05-03
SIME2024-05-03
SIME2024-05-03
SIME2024-05-03
SIME2024-05-03
SIME2024-05-03
SIMEMore 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
Get Your NVDA Share by Opening a Moomoo Account*!
MQ Trading Signals
Time
Signal
Duration
Type
2024-05-08 16:50:00
TURTLE SYSTEM 20
5 Mins
SELL
2024-05-08 16:35:00
VOLUME BREAKOUT
5 Mins
BUY
2024-05-08 16:35:00
TURTLE SYSTEM 20
5 Mins
BUY
2024-05-08 16:30:00
EMA 5
10 Mins
BUY
2024-05-08 16:30:00
VOLUME BREAKOUT
10 Mins
BUY
Apps
Top Articles
1
2
Follow Kim's Stockwatch!
THIS STOCK READY TO SKYROCKET!!! - THE POWER & WATER SUPPLY SERVICES
3
Mercury Securities Research
4
AmInvest Research Reports
TRANSPORTATION & LOGISTICS - Our View on of Air Asia’s Restructuring
5
Follow Kim's Stockwatch!
THIS ANOTHER GEMS READY TO SKYROCKET!!! - MAJOR DEVELOPER IN PENANG
6
BFM Podcast
7
8
博傻理论
#
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....
