Affin Hwang Capital Research Highlights

SapuraKencana - Global champion in the making

kltrader
Publish date: Mon, 25 Mar 2013, 02:48 PM
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This blog publishes research highlights from Affin Hwang Capital Research.

SapuraKencana; Buy;
Price Target: RM4.20; SAKP MK


Completion of acquisition of Seadrill’s tender rigs by May13 set to double profit base. Promising long-term prospects in Brazil and Malaysia to underpin strong earnings visibility. Maintain BUY, TP raised to RM4.20.

Source: HwangDBS Research - 25 Mar 2013

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