MIDF Research maintains Buy on KNM, cuts target to RM1.04
By theedgemarkets.com / theedgemarkets.com | June 11, 2015 : 9:38 AM MYT
KUALA LUMPUR (June 11): MIDF Research has maintaiend its “Buy” rating on KNM Group Bhd ( Financial Dashboard) with a lower target price of RM1.04 (from RM1.15) and said fundamentals of KNM remain intact despite uncertainties in oil market.
In a note today, the research house said KNM’s total bid book including jobs in Pengerang could reach a tune of approximately RM5 billion.
“Compelling forward PER of only 8.4x offers attractive entry opportunity for investors
“We are estimating orderbook replenishment of approximately RM1 billion for FY15.
“Reiterate Buy with a revised target price of RM1.04 per share,” it said.
MIDF research useless. KNM 1.04 . How their research rating. Play kong ka li kong . Years end pun tak bolih tough 70 cent . If KNM can tough 1.04 then crude oil must above usd 100 { Wait another 10 years lagi pun tak bolih loh.}
CRAWLER< Where are u now. Sudah hilang ke ? I already told u guy run run n away but u all don:t want to listen . Now Die lah. Market will crash further another 30 % CCCRRRAAASSSHHH.
Supernova I think u baru belajar play play share lah. your comment tak logik langsung. Can u tell me which years KNM rm 10. If u can;t answer i will tell u later . Pse reply.
Since my time start invest in stock market. Harga KNM berpuluh ringgit tapi sudah banyak kali bagi bonus dan right issue. Entah banyak mana i dapat bonus dan right issue since 1980. I sendiri pun sudah lupa. Walau bagaimanapun KNM memang sebuah syarikat yang kukuh dan berpotensi dalam O & G dan banyak mendapat projek berbiliion ringgit. Tapi harus ingat sekarang tak macam dulu lagi. Contoh REPCO dari RM 3 bolih goreng melepasi rm 100 . Bahkan beratus kaunter naik macam orang gila kena sawan. Yang tak pernah melabur dalam saham pun buka akaun. Untung bagai air bah. Kini hancur berkecai-kecai.Kaunter papan kedua pula saham naik gila-gila. Yang kaki kontra beli hari ini dan jual pada tarikh false selling bolih untung berpuluh-puluh ribu ringgit.Kini semuanya tinggal kenangan sahaja. Untuk renungan dan kenangan.
I'm waiting for it to drop below 50cents market sentiment a bit poor, somemore TNB take over 1MDB's project 3B causes the index diarrhea index might break 1700, better hold cash for now
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....
supernova
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Posted by supernova > 2015-06-10 11:01 | Report Abuse
thx for the tips