Stock Name: IJMPLNT
Company Name: IJM PLANTATIONS BHD
IJM Plantations; Hold; RM3.33
Price Target: RM3.10; IJMP MK
3QFY12 earnings to be supported by strong CPO prices. FY12F-14F earnings raised by 2-18% on CPO price and FX rate revisions. Lacking near-term catalyst. Hold rating maintained; TP revised to RM3.10 on lower ERP assumption
Source: HwangDBS Research 14 Feb 2012
Company Name: IJM PLANTATIONS BHD
| Research House: HWANGDBS | Price Call: HOLD | Target Price: 3.10 |
IJM Plantations; Hold; RM3.33
Price Target: RM3.10; IJMP MK
3QFY12 earnings to be supported by strong CPO prices. FY12F-14F earnings raised by 2-18% on CPO price and FX rate revisions. Lacking near-term catalyst. Hold rating maintained; TP revised to RM3.10 on lower ERP assumption
Source: HwangDBS Research 14 Feb 2012
No comments:
Post a Comment