February 23, 2012

IJM - Strong performance across the board

Stock Name: IJM
Company Name: IJM CORPORATION BHD
Research House: HWANGDBSPrice Call: BUYTarget Price: 8.10



IJM Corp; Buy; RM5.91
Price Target: RM8.10; IJM MK

3QFY12 in line, still driven by plantations and property. Bidding for several contracts besides WCE. BUY, RM8.10 TP based on SOP valuation.

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