DRB-Hicom - Waiting to execute
Date:
2012-08-28
Firm:
CIMB
Stock:
Price Target:
3.50
Price Call:
BUY
Last Price:
1.32
Upside/Downside:
+2.18 (165.15%)
Target RM3.50 (Long Term: Out Perform)
1QFY13 results were below expectations, only accounting for 5% of our FY13 forecast as much of the quarter was spent dealing with management issues at Proton and Lotus. Without any chance to focus on restructuring, losses from Lotus had a full bearing on the results.
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Ride The Bull Short The Bear
CS Tan
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....
herbert456
Good.
2012-08-28 14:07