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.


Discussions
Be the first to like this. Showing 3 of 3 comments

Jake

You believe these research houses??

2012-04-05 12:39

azman

bullshit

2012-04-05 18:53

Wak Jono

bulleye..

2012-05-10 11:35

Post a Comment