Affin Hwang Capital Research Highlights

Gas Malaysia - On growth path

kltrader
Publish date: Fri, 02 Aug 2013, 09:39 AM
kltrader
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This blog publishes research highlights from Affin Hwang Capital Research.

Gas Malaysia; Buy; RM3.36
Fair Value: RM3.75 (Prev RM3.55); GMB MK


2Q13 results were within our and market expectations. Expect stronger 2H13 earnings driven by higher gas volumes and new customers. Strong balance sheet with 4% sustainable yield. Maintain BUY rating; raised TP to RM3.75.

Source: HwangDBS Research - 2 Aug 2013

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lotsofmoney

NFT cows can also produce a lot of gas.

2013-08-02 10:22

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