February 27, 2012

JT International - Sniffing a special dividend opportunity

Stock Name: JTINTER
Company Name: JT INTERNATIONAL BHD
Research House: CIMBPrice Call: HOLDTarget Price: 7.50




Target RM7.50

While JTI's FY11 results are unlikely to excite given its loss of market share, we sniff an opportunity for capital management via a special dividend given its net cash of RM190m or 72.6 sen.


Source: CIMB Daybreak February 27, 2012 FULL PDF Report

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