Stock Name: BHIC
Company Name: BOUSTEAD HEAVY INDUSTRIES CORP
Research House: HWANGDBS
Company Name: BOUSTEAD HEAVY INDUSTRIES CORP
Research House: HWANGDBS
Boustead Heavy Industries Corp, a Malaysian shipbuilder, rose to a six-week high in Kuala Lumpur trading after HwangDBS Vickers Research Sdn Bhd said the stock is a “bargain” with strong earnings growth prospects.
The stock climbed 8.2 per cent to RM4.10 at 10:03 a.m. in Kuala Lumpur trading, set for its highest close since Feb. 9.
The company was rated new “buy” with a share estimate of RM6.55, HwangDBS said in a report today. -- Bloomberg
The stock climbed 8.2 per cent to RM4.10 at 10:03 a.m. in Kuala Lumpur trading, set for its highest close since Feb. 9.
The company was rated new “buy” with a share estimate of RM6.55, HwangDBS said in a report today. -- Bloomberg
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