June 14, 2011

KPJ - RHB Research maintains Outperform on KPJ

Stock Name: KPJ
Company Name: KPJ HEALTHCARE BHD
Research House: RHB

KUALA LUMPUR: RHB Research Institute reiterate its Outperform call on KPJ'' Healthcare (fair value RM4.94) given its stable growth profile and relatively inexpensive valuations compared to regional peers.

'We remain positive on Malaysia's healthcare industry as healthcare remains an integral part of the Government's initiative to develop Malaysia as a high income nation by 2020,' it said on Tuesday, June 14.

RHB Research however was more cautious view on the rubber glove players and'' maintained its Neutral call for the sector.

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