Stock Name: GAMUDA
Company Name: GAMUDA BHD
Target RM4.50
MRT Corp's announcement of the award of MRT underground works to the Gamuda-MMC JV came earlier than expected and the RM8.2bn project cost was higher than guided. This is good news for Gamuda and strengthens its position for MRT 2 & 3.
Source: CIMB Daybreak - 21 March 2012, Full PDF Report
Company Name: GAMUDA BHD
| Research House: CIMB | Price Call: BUY | Target Price: 4.50 |
Target RM4.50
MRT Corp's announcement of the award of MRT underground works to the Gamuda-MMC JV came earlier than expected and the RM8.2bn project cost was higher than guided. This is good news for Gamuda and strengthens its position for MRT 2 & 3.
Source: CIMB Daybreak - 21 March 2012, Full PDF Report
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