Stock Name: MEDIAC
Company Name: MEDIA CHINESE INTERNATIONAL LT
Decent results but caution ahead. Media Chinese International Limited's (MCIL) 1HFY12 results were within expectations. It is confident of a decent 3QFY11 but like other media companies, it is cautious of its CY2012 outlook. Maintain Sell call and RM0.90 TP as we believe that there is still downside risk to our adex forecasts.
Maybank research (29 November 2011)
Click here for full report
Company Name: MEDIA CHINESE INTERNATIONAL LT
| Research House: MAYBANK | Price Call: SELL | Target Price: 0.90 |
Decent results but caution ahead. Media Chinese International Limited's (MCIL) 1HFY12 results were within expectations. It is confident of a decent 3QFY11 but like other media companies, it is cautious of its CY2012 outlook. Maintain Sell call and RM0.90 TP as we believe that there is still downside risk to our adex forecasts.
Maybank research (29 November 2011)
Click here for full report
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