Stock Name: GUANCHG
Company Name: GUAN CHONG BHD
Guan Chong; Buy; RM2.33
Price target: RM2.80 (Prev RM3.60); GUAN MK Price Target
Challenging times
Trimmed FY12-3F earnings after imputing weaker output and margins. An extended global economic slowdown could crimp earnings. Maintain Buy, TP cut to RM2.80 (pegged to FY12F fully diluted P/E of 8x).
Source: HwangDBS Research 2 Feb 2012
Company Name: GUAN CHONG BHD
| Research House: HWANGDBS | Price Call: BUY | Target Price: 2.80 |
Guan Chong; Buy; RM2.33
Price target: RM2.80 (Prev RM3.60); GUAN MK Price Target
Challenging times
Trimmed FY12-3F earnings after imputing weaker output and margins. An extended global economic slowdown could crimp earnings. Maintain Buy, TP cut to RM2.80 (pegged to FY12F fully diluted P/E of 8x).
Source: HwangDBS Research 2 Feb 2012
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