Stock Name: UMLAND
Company Name: UNITED MALAYAN LAND BHD
United Malayan Land Bhd, a Malaysian developer, has "strong" earnings upside as profits from some projects haven't been factored into its share price, Hong Leong Financial Group Bhd analyst Sean Lim said in a report today.
Hong Leong has a "buy" call on the stock with a RM2.30 share estimate, the report said.
United Malayan was unchanged at RM1.30 at 9:42 a.m. in Kuala Lumpur trading. -- Bloomberg
Company Name: UNITED MALAYAN LAND BHD
| Research House: HLG | Price Call: BUY | Target Price: 2.30 |
United Malayan Land Bhd, a Malaysian developer, has "strong" earnings upside as profits from some projects haven't been factored into its share price, Hong Leong Financial Group Bhd analyst Sean Lim said in a report today.
Hong Leong has a "buy" call on the stock with a RM2.30 share estimate, the report said.
United Malayan was unchanged at RM1.30 at 9:42 a.m. in Kuala Lumpur trading. -- Bloomberg
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