Bursa Alert
Global Market
NewsRHB Research maintains Buy on Cahya Mata Sarawak, raise fair value to RM4.55
Page 1 of 1
RHB Research maintains Buy on Cahya Mata Sarawak, raise fair value to RM4.55
by Cals Tue 22 Jul 2014, 01:25
RHB Research maintains Buy on Cahya Mata Sarawak, raise fair value to RM4.55
Business & Markets 2014
Written by theedgemalaysia.com
Monday, 21 July 2014 10:42
KUALA LUMPUR (July 21): RHB Research has maintained its Buy rating on Cahya Mata Sarawak Bhd (CMS) at RM3.95 with a higher fair value of RM4.55 (from RM4.06) and said CMS was an excellent proxy to the Sarawak Corridor of Renewable Energy (SCORE).
In a note Monday, the research house said the company’s OMS associate and phosphate project under MPA were making good progress, and look set to benefit from attractive power tariffs.
“In view of the improved stock liquidity following its recently-concluded bonus-cum-share split exercise, we revise up our sum-of-parts-based fair value to RM4.55 (from RM4.06). Maintain Buy,” it said.
Business & Markets 2014
Written by theedgemalaysia.com
Monday, 21 July 2014 10:42
KUALA LUMPUR (July 21): RHB Research has maintained its Buy rating on Cahya Mata Sarawak Bhd (CMS) at RM3.95 with a higher fair value of RM4.55 (from RM4.06) and said CMS was an excellent proxy to the Sarawak Corridor of Renewable Energy (SCORE).
In a note Monday, the research house said the company’s OMS associate and phosphate project under MPA were making good progress, and look set to benefit from attractive power tariffs.
“In view of the improved stock liquidity following its recently-concluded bonus-cum-share split exercise, we revise up our sum-of-parts-based fair value to RM4.55 (from RM4.06). Maintain Buy,” it said.
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€
d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics» RHB Research maintains Buy on Cahya Mata Sarawak, raises fair value
» RHB Research maintains Buy on Cahya Mata S’wak, raises fair value to RM5
» RHB Research maintains Buy on Cahya Mata S’wak, raises fair value
» Cahya Mata Sarawak selldown overdone, says RHB Research
» RHB Research maintains Buy on Sarawak Oil Palms, raises fair value to RM9.08
» RHB Research maintains Buy on Cahya Mata S’wak, raises fair value to RM5
» RHB Research maintains Buy on Cahya Mata S’wak, raises fair value
» Cahya Mata Sarawak selldown overdone, says RHB Research
» RHB Research maintains Buy on Sarawak Oil Palms, raises fair value to RM9.08
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|