News: OSK retains SEGi earnings forecast

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1 comment(s). Last comment by dknycom 2012-07-31 16:26

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Posted by dknycom > 2012-07-31 16:26 | Report Abuse

KUALA LUMPUR: OSK Research Sdn Bhd, while retaining its forecast on SEG International (SEGi) Bhd's earnings of RM91.1 million for the current financial year and RM104.9 million for 2013, is anticipating a stronger performance for the second half of the year.


In a research note, it also projected a group net profit of RM114.2 million, for 2014, up 8.9 per cent, year-on-year, over the 2013 financial year forecast, as well as a dividend yield of 3.8 per cent per annum.

OSK Research maintained its "buy" call on the group, with a higher fair value of RM2.52 from RM2.19 previously. -- BERNAMA

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