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2017-11-03 15:56 | Report Abuse
https://asia.nikkei.com/Markets/Nikkei-Markets/MARKET-BUZZ-Hong-Leong-Tips-Trading-Buy-On-Malaysia-s-Sino-Hua-An-TP-MYR0.45
MARKET BUZZ: Hong Leong Tips Trading Buy On Malaysia's Sino Hua-An, TP MYR0.45
KUALA LUMPUR (Nov 03) -- Hong Leong Investment Bank tips Trading Buy on Sino Hua-An International with long-term target of MYR0.45. Notes, Sino "showing signs of recovery" after resuming coke manufacturing operations in Feb. 2017; posted MYR22.0 million profit-after-tax in 2Q17 compared to loss of MYR9.6 million year-ago quarter. "Pegged at a conservative PE of 6-8x, we could anticipate further upside for Hua-An within a higher targeted trading range of around MYR0.395-MYR0.525," says house, expects "attractive" growth rate. Tips "potential rebound," after stock retraced short-term due to profit taking, downside limited at MYR0.25-MYR0.265. Sino unchanged at MYR0.29.
Stock: [YONGTAI]: YONG TAI BHD
2019-08-07 15:15 | Report Abuse
lousy show