Affin Hwang Capital Research Highlights
HwangDBS Research Highlights - 15 Jul 2013
Muhibbah Engineering; Buy; RM1.94
Price target: RM3.10 (Prev RM2.80); MUHI MK
Tip of the iceberg
Capitalising on Petronas license: pre-qualified for RM4-5bn worth of jobs. Malaysian proxy for Myanmar? Cheap proxy to O&G sector and Favelle Favco. Maintain BUY with higher RM3.10 TP.
Source: HwangDBS Research - 15 Jul 2013
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