Affin Hwang Capital Research Highlights
HwangDBS Research Highlights - 18 Dec 2013
QL Resources; Buy; RM4.05
Price target: RM5.10 (Prev RM4.05); QLG MK
Entering next growth phase
Strong near-term growth largely supported by MPM and ILF segments. MPM segment to continue to grow, driven by capacity expansion in Indonesia and M&As. Maintain BUY rating with higher RM5.10 TP.
Source: HwangDBS Research - 19 Dec 2013
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