Stock Name: MBMR
Company Name: MBM RESOURCES BHD
MBM Resources; Buy; RM4.62
Price Target: Under review; MBM MK
4Q11 net profit of RM26m is in line; Recorded sales growth, but bottom line affected by expenses from Hirotako take-over. Also proposed bonus and righs issue.
Source: HwangDBS Research 27 Feb 2012
Company Name: MBM RESOURCES BHD
| Research House: HWANGDBS | Price Call: BUY | Target Price: 4.62 |
MBM Resources; Buy; RM4.62
Price Target: Under review; MBM MK
4Q11 net profit of RM26m is in line; Recorded sales growth, but bottom line affected by expenses from Hirotako take-over. Also proposed bonus and righs issue.
Source: HwangDBS Research 27 Feb 2012
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