KL Trader Investment Research Articles
MEDIAC - Windfall dividend
Media Chinese; Buy; RM1.35
Target Price: RM1.55 (Prev RM1.60); MCIL MK
Proposes special dividend of 41sen per share, translating into 30.4% net yield. Capital reduction exercise does not affect merger & acquisition opportunities. Maintain Buy rating with revised RM1.55 TP after imputing higher interest payments.
Source: HwangDBS Research - 17 July 2012
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Ride The Bull Short The Bear
CS Tan
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Winny
Closed 1.65,already surpassed the 1.55 TP?
2012-07-17 22:04