Affin Hwang Capital Research Highlights
HwangDBS Research Highlights - 5 Sep 2013
KKB Engineering; Trading Buy; RM2.14
Fair Value: RM2.80; KKB MK
Driving twin engines of growth
Scarcity premium with Petronas license to penetrate into robust O&G sector. Proxy to booming SCORE, leveraging on its engineering and manufacturing expertise. Solid financials to sustain dividend yields. Fair value of RM2.80, implying 31% upside potential.
Source: HwangDBS Research - 5 Sep 2013
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