Affin Hwang Capital Research Highlights

HwangDBS Research Highlights - 28 Jan 2014

kltrader
Publish date: Tue, 28 Jan 2014, 09:45 AM
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This blog publishes research highlights from Affin Hwang Capital Research.

Malaysia Airports; Hold; RM8.68
Price target: RM8.00 (Prev RM7.60) ; MAHB:MK
Ends on a weak note

FY13 earnings missed estimate despite record passenger growth. KLIA2 on track; positive outlook for 2014. Maintain HOLD; raised TP to RM8.00 after imputing investment tax allowance (ITA) for KLIA2 capex.

Source: HwangDBS Research - 28 Jan 2014

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