Affin Hwang Capital Research Highlights
Dayang - Re-rating on the horizon
Dayang Enterprise; Buy;
Price Target: RM4.00 (Prev RM2.95); DEHB MK
Catalyst from huge order win for RM10bn Pan Malaysia hook-up commissioning tender. Raised FY14-15F earnings by 15%/10% in anticipation of higher contract wins. Maintain BUY, TP raised to RM4.00.
Source: HwangDBS Research - 15 Apr 2013
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