Stock Name: QSR
Company Name: QSR BRANDS BHD
Research House: NOMURA
KUALA LUMPUR: QSR saw its shares and warrants buck the cautious overall market at the midday break on Thursday, July 22 after an upbeat report from Nomura Research which forecast 12% to 14% earnings growth over the next three years.
At 12.30pm, QSR was up 28 sen to RM4.53 with 889,300 shares while the warrants, QSR-WB added 15 sen to RM1.63.
Nomura Research said it was upbeat on QSR, which is the most diversified KFC franchise owner in the region, with 830 KFC and Pizza Hut stores across Asean and India.
'We see 12-40% earnings growth over the next three years, driven by a young and high poultry-consuming population. Strong catalysts also exist via its start-up India presence. Its single-digit FY11F P/E compares favourably historically and versus its peers. We initiate on QSR with a BUY rating and PT of RM5.47,' it said.
The catalysts include continued store openings in Malaysia and India; 2) sustained positive consumer sentiment; and 3) confidence in robust economic recoveries across the region.
Company Name: QSR BRANDS BHD
Research House: NOMURA
KUALA LUMPUR: QSR saw its shares and warrants buck the cautious overall market at the midday break on Thursday, July 22 after an upbeat report from Nomura Research which forecast 12% to 14% earnings growth over the next three years.
At 12.30pm, QSR was up 28 sen to RM4.53 with 889,300 shares while the warrants, QSR-WB added 15 sen to RM1.63.
Nomura Research said it was upbeat on QSR, which is the most diversified KFC franchise owner in the region, with 830 KFC and Pizza Hut stores across Asean and India.
'We see 12-40% earnings growth over the next three years, driven by a young and high poultry-consuming population. Strong catalysts also exist via its start-up India presence. Its single-digit FY11F P/E compares favourably historically and versus its peers. We initiate on QSR with a BUY rating and PT of RM5.47,' it said.
The catalysts include continued store openings in Malaysia and India; 2) sustained positive consumer sentiment; and 3) confidence in robust economic recoveries across the region.
Must catch the bird( QSR) before it flies higher and higher !!!
ReplyDeleteIt owns two very world famous brands..namely KFC and Pizza Huts...plus turnover and profit growing every-year non-stop . This is what our world best share investor Warren Buffet always advises people to stick to this type of company.So,,all my dear friends,this is one of the best counter to invest in klse now !!!!!!!!!!!
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ReplyDeleteStarting a business is tough.. no exaggeration. To start and run a business is both nerve-racking, petrifying.. and a dozen other emotions. It doesn't matter if you are drafting the initial business plan, just opened the doors, or been around for awhile. Planning will alleviate much of the risk, but not all. You can't control everything in life, nor in business. Want to grow your company? Here are five guidelines to help you do that. Best Private Investigator in Brampton
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