Affin Hwang Capital Research Highlights
HwangDBS Research Highlights - 4 Jul 2013
Pos Malaysia, Buy; RM4.76
Price Target : RM5.60; POSM MK
Growth on track
Expanding PosLaju’s touch points through Proton Edar outlets. More synergies to be extracted from DRBHICOM. Special dividend is possible from remaining Section 108 tax credit. Maintain BUY at RM5.60 TP (SOP-valuation).
Source: HwangDBS Research - 4 Jul 2013
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