February 17, 2012

WINGTAI - Sizing up

Stock Name: WINGTM
Company Name: WING TAI MALAYSIA BERHAD
Research House: HWANGDBSPrice Call: BUYTarget Price: 1.50



Wing Tai Malaysia; Fully Valued; RM1.68
Price Target: RM1.50; WING MK

2Q12 results above expectation, raise FY12-13F earnings by 16-17%. Looking for bigger parcels of land in Klang Valley. Maintain Fully Valued and RM1.50 TP.

Source: HwangDBS Research 17 Feb 2012

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