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DRB-Hicom share estimate raised
by hlk Tue 05 Jul 2011, 17:58
DRB-Hicom Bhd, a Malaysian automaker, transport services and banking group, rose the most in more than a week after HwangDBS Vickers Research Sdn Bhd raised its share estimate to reflect the company’s plan to double its profit in five years.
The stock climbed 1.8 per cent to RM2.24 at 11:03 a.m. local time in Kuala Lumpur, set for its biggest gain since June 24.
The share estimate was raised to RM3.95 from RM3.80, analyst Chong Tjen San wrote in a report today. -- Bloomberg
The stock climbed 1.8 per cent to RM2.24 at 11:03 a.m. local time in Kuala Lumpur, set for its biggest gain since June 24.
The share estimate was raised to RM3.95 from RM3.80, analyst Chong Tjen San wrote in a report today. -- Bloomberg
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