Bursa Alert
Global Market
NewsHot Stock MAHB dips 1.61% after downgrade by MIDF Research
Page 1 of 1
Hot Stock MAHB dips 1.61% after downgrade by MIDF Research
by Cals Thu 04 Feb 2016, 07:56
- Hot Stock
[size=28]MAHB dips 1.61% after downgrade by MIDF Research
By Surin Murugiah / theedgemarkets.com | February 3, 2016 : 9:45 AM MYTKUALA LUMPUR (Feb 3): Malaysia Airports Holdings Bhd shares fell 1.61% in early trade today after MIDF Research downgraded the stock to “Neutral” (from Buy) with a target price of RM6.35.
At 9.25am, MAHB fell 10 sen to RM6.10 with 9,300 shares done.
In a note today, MIDF Research said it felt assured that MAHB is prepared to face the current challenging market conditions
“FY16’s 2.5% y-o-y pax growth will come from KKT1, Penang and Langkawi airports
“We believe that the waiver of visa requirements for Chinese tourists is positive for MAHB.
“MAHB is actively seeking M&A of foreign airports.
“Downgrade to Neutral (from Buy) with unchanged target price of RM6.35 pursuant to 15.5% rise in its share price during the past 3 months,” it said.
[/size]
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» Hot Stock SapuraKencana dips 1.62% after downgrade by HLIB Research
» Hot Stock DiGi dips 1.09% on downgrade by CIMB Research
» Hot Stock Asia File dips 3.37% on downgrade by CIMB Research
» Perisai active, dips 1.3% after downgrade by HLIB Research
» Unisem dips in early trade; MIDF Research cuts TP to RM1.60
» Hot Stock DiGi dips 1.09% on downgrade by CIMB Research
» Hot Stock Asia File dips 3.37% on downgrade by CIMB Research
» Perisai active, dips 1.3% after downgrade by HLIB Research
» Unisem dips in early trade; MIDF Research cuts TP to RM1.60
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum