Affin Hwang Capital Research Highlights

Daiman Development - Cheapest Iskandar proxy

kltrader
Publish date: Thu, 04 Apr 2013, 09:33 AM
kltrader
0 20,230
This blog publishes research highlights from Affin Hwang Capital Research.
Following Message

Daiman Development Bhd; Trading Buy
Fair Value: RM4.00; DD MK

Cheapest pure Iskandar play with enviable growth prospects and strong dividend track record. Deep value with 2,286-acres of under-appreciated land bank to leverage on Iskandar Malaysia’s success. Potential M&A candidate with 53% of market value in liquid assets (RM1.10/share). Fair value of RM4.00 based on 50% discount to RM7.94 RNAV (94% upside potential).

Source: HwangDBS Research - 4 Apr 2013

DAIMAN (5355)
Related Stocks
Market Buzz
More articles on Affin Hwang Capital Research Highlights
KIP REIT - Embarking on Acquisition and Asset Rejuvenation Journey

Created by kltrader | Jan 03, 2023

Jaycorp (HOLD, Maintain) - Dampened by Lower Core Businesses Performance

Created by kltrader | Sep 30, 2022

NTPM - Local Market Leader in Hygiene Products

Created by kltrader | Sep 13, 2022

Samaiden Group (BUY, Maintain): Sequential Easing

Created by kltrader | Sep 01, 2022

Fiamma - Cautious as consumers shift to out-of-home spending

Created by kltrader | Jun 24, 2022

KIP REIT - Initiation: An Alternative to ‘big-box’ Retailers

Created by kltrader | May 20, 2022

Sunway Construction - Slow Start to the Year

Created by kltrader | May 21, 2021

Berjaya Sports Toto - Reversal in Recovery Due to MCO 2.0

Created by kltrader | May 21, 2021

Heineken Malaysia - a Good Quarter Despite MCO2.0

Created by kltrader | May 21, 2021

Sector Update – Electronic Manufacturing Sector (OVERWEIGHT, Maintain) - Sell-down Offers Opportunity; No Change in Fundamentals

Created by kltrader | May 21, 2021

Discussions
Be the first to like this. Showing 1 of 1 comments

hw0706

i do not see any from HDBS website on 04/04/2013

2013-04-04 09:55

Post a Comment