Affin Hwang Capital Research Highlights
HwangDBS Research Highlights - 16 Dec 2013
SapuraKencana Petroleum; Buy; RM4.58
Price target: RM5.90; SAKP MK
Christmas comes early
Secures Pan Malaysia Transport & Installation jobs for 3 years. Best proxy for PETRONAS’ record high capex. Maintain BUY and RM5.90 TP.
Berjaya Sports Toto; Buy; RM3.91
Price target: RM4.60; BST MK
Back to square one
Results and dividends within expectations. Aborted STM Trust listing may be blessing in disguise. Maintain BUY and DDM-based TP of RM4.60.
Source: HwangDBS Research - 16 Dec 2013
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