POS - Unlocking bigger values

Date: 
2012-08-03
Firm: 
HWANGDBS
Stock: 
Price Target: 
4.60
Price Call: 
BUY
Last Price: 
0.41
Upside/Downside: 
+4.19 (1021.95%)

Pos Malaysia; Buy; RM2.90
Target Price: RM4.60; POSM MK


New shareholder, DRB-HICOM, brings entrepreneurial touch, synergy and growth to the group. Unlocking of landbank could bring massive value. Initiate coverage with BUY at RM4.60 TP; FY14F net yield at 4%.

Source: HwangDBS Research - 3 August 2012

Discussions
Be the first to like this. Showing 4 of 4 comments

ALFANG88

TP $4.60 looks a bit too high...

2012-08-03 16:56

ALFANG88

better go to Pos-CE

2012-08-03 17:00

investwise

Yes..Better go in pos-CE...

2012-08-03 17:51

romza

yessss...

2012-08-06 10:19

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