April 14, 2010

IJM - IJM Corp raised to buy at OSK

Stock Name: IJM
Company Name: IJM CORPORATION BHD
Research House: OSK

IJM Corp, a Malaysian builder, was raised to "buy" from "neutral" at OSK Research Sdn.Bhd to reflect wider contruction margins and the prospects for more road contracts in India.

The share price estimate was increased to RM5.45 from RM4.70, OSK said in a report today. -- Bloomberg


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