April 2, 2012

KLCC Property Holdings - Ground zero for catalysts

Stock Name: KLCCP
Company Name: KLCC PROPERTY HOLDINGS BHD
Research House: CIMBPrice Call: SELLTarget Price: 3.03





Target RM3.03

KLCC Property's annual Corporate Day yielded no major surprises and left us underwhelmed by its prospects. We are looking at minimal earnings growth, driven by a full-year contribution from Lot C and higher rentals at Kompleks Dayabumi.


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