October 12, 2010

SUNRISE - Sunrise a 'buy' at Maybank Invt

Stock Name: SUNRISE
Company Name: SUNRISE BHD
Research House: MAYBANK



Sunrise Bhd, a Malaysian developer, was upgraded to "buy" from "hold" at Maybank Investment Bank Bhd.

The company has enjoyed "better-than-expected" sales, analyst Wong Wei Sum said in a report today.

She raised her share price estimate to RM2.80 from RM1.98, according to the report. -- Bloomberg



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