Affin Hwang Capital Research Highlights

Dayang - Re-rating on the horizon

kltrader
Publish date: Mon, 15 Apr 2013, 11:03 PM
kltrader
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This blog publishes research highlights from Affin Hwang Capital Research.

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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