Journey to Wealth
Malaysian Building Society Making continued progress
OUTPERFORM
Target Price: RM2.70
Malaysian Building Society Berhad (MBSB) is continuing the process of restructuring its legacy NPLs with its latest announcement on the proposed disposal of a plot of commercial land together with an abandoned shopping mall in Johor Bharu for a cash consideration of RM180m. We view the continuous restructuring effort as a positive boost for the stock. We are reiterating our OUTPERFORM rating on MBSB with an unchanged target price RM2.70.
Source: Kenanga
Target Price: RM2.70
Malaysian Building Society Berhad (MBSB) is continuing the process of restructuring its legacy NPLs with its latest announcement on the proposed disposal of a plot of commercial land together with an abandoned shopping mall in Johor Bharu for a cash consideration of RM180m. We view the continuous restructuring effort as a positive boost for the stock. We are reiterating our OUTPERFORM rating on MBSB with an unchanged target price RM2.70.
Source: Kenanga
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Be the first to like this. Showing 4 of 4 comments
today RM2.31..i think we wait until rm2.00 (if 1 day drop 5 cents than next week it price will go to RM2.20 - RM2.00..)
2012-08-28 14:26
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jtpc2006
MBSB, TP 2.70, outperform, Kenanga.
2012-08-24 11:59