Affin Hwang Capital Research Highlights

HwangDBS Research Highlights - 10 Mar 2014

kltrader
Publish date: Mon, 10 Mar 2014, 09:27 AM
kltrader
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This blog publishes research highlights from Affin Hwang Capital Research.

PPB Group; HOLD; RM16.40
Price target:RM15.30; PEP:MK
A stronger year, but valuation is fair

Higher flour volume with new capacity. Cinema business still in expansion mode. Capex commitment leaves little room for dividends to surprise. HOLD, TP of RM15.30 based on SOP metric. 

Source: HwangDBS Research - 10 Mar 2014

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