BSTEAD - Cleaning up its acts

Date: 
2012-06-08
Firm: 
HWANGDBS
Stock: 
Price Target: 
7.30
Price Call: 
BUY
Last Price: 
0.855
Upside/Downside: 
+6.445 (753.80%)

Boustead; Buy; RM5.09
Price Target: RM7.30; BOUS MK


Bags Jalan Cochrane development. Increasing free float, de-gearing balance sheet. Trading at only 8x PE and 1.1x NTA, and offering 8% yield; BUY.

Source: HwangDBS Research - 8 June 2012

Discussions
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Jolly Mypet

almost 3x FD rate in div yield like what ?

2012-06-08 21:18

Lee Passat

Long term. LTAT have plan to release some stake to increase liquidity.

2012-06-10 22:04

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