Stock Name: KPJ
Company Name: KPJ HEALTHCARE BHD
Initiate coverage with BUY and target price of RM5.10. KPJ is well-positioned to benefit from the fast-growing healthcare sector in Malaysia. This sector has been identified as one of the 12 key pillars in the country's Economic Transformation Programme and is expected to contribute US$10.4b to the Gross National Income by 2020. As a defensive play, KPJ also offers limited revenue downside given its domestic dominance and a wide array of positive demand factors.
Maybank research (30 November 2011)
Click here for full report
Company Name: KPJ HEALTHCARE BHD
| Research House: MAYBANK | Price Call: BUY | Target Price: 5.10 |
Initiate coverage with BUY and target price of RM5.10. KPJ is well-positioned to benefit from the fast-growing healthcare sector in Malaysia. This sector has been identified as one of the 12 key pillars in the country's Economic Transformation Programme and is expected to contribute US$10.4b to the Gross National Income by 2020. As a defensive play, KPJ also offers limited revenue downside given its domestic dominance and a wide array of positive demand factors.
Maybank research (30 November 2011)
Click here for full report
No comments:
Post a Comment