Stock Name: IJM
Company Name: IJM CORPORATION BHD
Research House: INTER PACIFIC
KUALA LUMPUR: Inter-Pacific Research Sdn Bhd has maintained its Outperform call on IJM Land Bhd at RM2.80 with a target price of RM3.23.
The research house said in a note May 30 that it favoured IJM Land for its (i) diversified land banks with exposure to major urban growth areas; (ii) projects worth RM2 billion to be launched in FY12, and (iii) healthy balance sheet with 0.2 times net cash.
Company Name: IJM CORPORATION BHD
Research House: INTER PACIFIC
KUALA LUMPUR: Inter-Pacific Research Sdn Bhd has maintained its Outperform call on IJM Land Bhd at RM2.80 with a target price of RM3.23.
The research house said in a note May 30 that it favoured IJM Land for its (i) diversified land banks with exposure to major urban growth areas; (ii) projects worth RM2 billion to be launched in FY12, and (iii) healthy balance sheet with 0.2 times net cash.
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