Affin Hwang Capital Research Highlights
HwangDBS Research Highlights - 24 Sep 2013
Muhibbah Engineering; Buy; RM2.39
Price Target: RM3.10; MUHI MK
Still on growth trajectory
Poised to secure contracts from extension of current orderbook and other Petronas contracts. The cheapest O&G-related proxy with Petronas license. Maintain BUY at RM3.10 TP.
Source: HwangDBS Research - 24 Sep 2013
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