May 26, 2010

KNM - KNM raised to 'neutral' at JPMorgan

Stock Name: KNM
Company Name: KNM GROUP BHD
Research House: JP MORGAN CHASE

KNM Group Bhd was raised to "neutral" from "underweight" at JPMorgan Chase & Co, which said Malaysian company's share price has fallen close to its book value of 45 sen.

The share price estimate was reduced to 48 sen from 66 sen, JPMorgan said in a report on May 25. -- Bloomberg

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