Stock Name: WASEONG
Company Name: WAH SEONG CORPORATION BHD
Research House: AMMB
Wah Seong Corp, a Malaysian pipe-coating company, was cut to "sell" from "hold" at AmResearch Sdn Bhd to reflect its weak earnings outlook after third-quarter net income slid 60 per cent from a year earlier.
The stock's fair value was reduced to RM1.80 from RM2.20, Alex Goh, an analyst at AmResearch, said in a report today. -- Bloomberg
Company Name: WAH SEONG CORPORATION BHD
Research House: AMMB
Wah Seong Corp, a Malaysian pipe-coating company, was cut to "sell" from "hold" at AmResearch Sdn Bhd to reflect its weak earnings outlook after third-quarter net income slid 60 per cent from a year earlier.
The stock's fair value was reduced to RM1.80 from RM2.20, Alex Goh, an analyst at AmResearch, said in a report today. -- Bloomberg
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