Stock Name: APM
Company Name: APM AUTOMOTIVE HOLDINGS BHD
APM Automotive; Hold; RM4.31
Price Target: RM4.60; APM MK
Net profit of RM37.2m was above our expectations; net DPS of 16.5sen proposed. DPS of 16.5sen was proposed for the quarter (final+special). Maintain Hold with RM4.60 TP.
Source: HwangDBS Research 27 Feb 2012
Company Name: APM AUTOMOTIVE HOLDINGS BHD
Research House: HWANGDBS | Price Call: HOLD | Target Price: 4.60 |
APM Automotive; Hold; RM4.31
Price Target: RM4.60; APM MK
Net profit of RM37.2m was above our expectations; net DPS of 16.5sen proposed. DPS of 16.5sen was proposed for the quarter (final+special). Maintain Hold with RM4.60 TP.
Source: HwangDBS Research 27 Feb 2012
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