Stock Name: TCHONG
Company Name: TAN CHONG MOTOR HOLDINGS BHD
Research House: RHB
Company Name: TAN CHONG MOTOR HOLDINGS BHD
Research House: RHB
Tan Chong Motor Holdings Bhd, a Malaysian automotive assembler, was downgraded at RHB Research Institute Sdn Bhd, citing concerns over the supply of parts following Japan’s earthquake and tsunami.
The stock was cut to “market perform” from “outperform,” Alexander Chia, an analyst at RHB, wrote in a report today.
The stock’s fair value was reduced to RM5.20 from RM6, he said.
-- Bloomberg
The stock was cut to “market perform” from “outperform,” Alexander Chia, an analyst at RHB, wrote in a report today.
The stock’s fair value was reduced to RM5.20 from RM6, he said.
-- Bloomberg
No comments:
Post a Comment