Dialog Group; Buy
Price Target: RM3.20 (prev RM2.80); DLG MK
Looking forward to Pengerang
3QFY13 result was below expectations. Strong performance from specialist products and services offset by cost overrun in Singapore. Maintain BUY with higher TP of RM3.20.

Gas Malaysia; Buy
Price Target: RM3.55 (prev RM3.25); GMB MK
Good earnings visibility
1Q13 result in line with our and market expectations. FY13-15F earnings to be driven by higher gas volume. Offering 4% sustainable yield with promising prospects from rising gas demand. Maintain BUY rating with higher TP of RM3.55/share.

Source: HwangDBS Research - 16 May 2013