Stock Name: IOICORP
Company Name: IOI CORPORATION BHD
Target RM5.04
No longer weighed down by derivative losses, IOI Corp's manufacturing division fared better in 2QFY6/12. But this division still faces challenging times as competition should heat up when new capacity comes onstream in Indonesia.
Source: CIMB Research 24 February 2012
Company Name: IOI CORPORATION BHD
| Research House: CIMB | Price Call: SELL | Target Price: 5.04 |
Target RM5.04
No longer weighed down by derivative losses, IOI Corp's manufacturing division fared better in 2QFY6/12. But this division still faces challenging times as competition should heat up when new capacity comes onstream in Indonesia.
Source: CIMB Research 24 February 2012
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