Affin Hwang Capital Research Highlights
HwangDBS Research Highlights - 9 Jul 2013
TSH Resources; Hold; RM2.39
Price Target: RM2.40; TSH MK
Ready for more growth
Proposed private placement to ensure sustainable growth. Impressive 3-year FFB CAGR of 18% to buffer against weakness in CPO price. Maintain HOLD with RM2.40 TP.
Source: HwangDBS Research - 9 Jul 2013
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