Perisai Petroleum - MD makes a slick call on option
Date:
2012-04-05
Firm:
CIMB
Stock:
Price Target:
1.50
Price Call:
BUY
Last Price:
0.005
Upside/Downside:
+1.495 (29900.00%)
Target RM1.50
Perisai's MD Izzet Ishak's exercise of a call option on 66m shares at RM0.485 apiece demonstrates his commitment to the company and makes him Perisai's fourth largest shareholder. We take a positive view of this compensation and means of motivation. We continue to value the stock at our CY13 target market P/E of 13x. Perisai remains an Outperform and our top small-cap oil & gas pick.
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4.9 / 5.0
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....
Jake
You believe these research houses??
2012-04-05 12:39