Affin Hwang Capital Research Highlights
HwangDBS Research Highlights - 14 Mar 2014
Coastal Contracts; Buy; RM4.79
Price target:RM6.20 (Prev RM5.35); COCO MK
Steadily evolving
Gas compression contract to lift profit by 10-18%. Jack-up drilling rig chartering contract and OSV orders will also drive earnings growth. Maintain BUY with higher RM6.20 TP.
Source: HwangDBS Research - 14 Mar 2014
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