Stock Name: SUNWAY
Company Name: SUNWAY BERHAD
Company Name: SUNWAY BERHAD
| Research House: CIMB | Price Call: HOLD | Target Price: 2.65 |
Target RM2.65
Property development and investment were Sunway's star performers and the pillars supporting its better-than-expected FY11 numbers. New jobs will flow through to construction earnings but margins are likely to remain thin. Despite a healthy cash pile, there were no dividends.
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