Affin Hwang Capital Research Highlights
HwangDBS Research Highlights - 7 Mar 2014
Lafarge Malayan Cement; HOLD; RM8.94
Price target:RM8.55; LMC:MK
Must address rising costs
Moving further into differentiated products to lift revenues and margins. But needs to raise ASP to mitigate rising costs. Maintain HOLD rating and RM8.55 TP.
Source: HwangDBS Research - 7 Mar 2014
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