Daya Materials; Not Rated;
Fair Value: RM0.45; DAYA MK
Under-appreciated O&G proxy with solid fundamentals and strong growth prospects. Clear earnings visibility with its RM1.3bn order book to drive 3-year earnings CAGR of 37%. Newbuild Siem Daya 1 set to be the game changer, vying for huge contract in Norway. Fair value of RM0.45 based on 12x FY14F EPS.
Source: HwangDBS Research - 1 Aug 2013
Created by kltrader | Jan 03, 2023
Created by kltrader | Sep 30, 2022