MISC; Buy; RM5.29
Price Target: RM6.45; MISC MK
Holding steady.
Petronas to directly own new LNG vessels; existing MISC vessels not affected. At current levels, we believe share price does not reflect much of the potential of LNG vessels . Near term growth drivers intact; stock remains undervalued. Maintain Buy and RM6.45 SOP-based TP.
Source: HwangDBS Research - 5 Aug 2013
Hopefully investor will be on board after long raya break.! Misc will break rm6..
2013-08-07 12:22
blugz83
Still not attractive to the investor? This stock is undervalue! Dont wait till it swing back after long break..then definetely will miss the boat!
2013-08-07 11:37