Affin Hwang Capital Research Highlights
HwangDBS Research Highlights - 7 Jan 2014
Axis REIT; Buy; RM2.89
Price target: RM3.70; AXRB MK
Attractive yields
Recent selldown an opportunity to buy stock for 7% distribution yield. Growth drivers intact; shielded from higher electricity tariffs and assessment tax. Upgrade to BUY, but maintain RM3.70 TP.
Source: HwangDBS Research - 7 Jan 2014
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