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CIMB Research maintains Trading Buy on SP Setia (8664)

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CIMB Research maintains Trading Buy on SP Setia (8664) Empty CIMB Research maintains Trading Buy on SP Setia (8664)

Post by hlk Mon 10 Sep 2012, 09:26

KUALA LUMPUR: CIMB Equities Research is maintaining its Trading Buy call on SP Setia and target price of RM4.30, which is based on parity with RNAV.
“SP
Setia continues to be our preferred core holding property stock due to
the company's size, excellent track record and promising prospects,” it
said.
CIMB Research said the rerating catalysts include
successful execution of the Battersea Power Station project, strong
domestic new sales, and robust and record earnings growth in the coming
years.
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