Stock Name: YINSON
Company Name: YINSON HOLDINGS BHD
Preparing for new projects. Yinson is proposing a 6% placement of new shares. We believe this is to fund upcoming projects planned for the next 12 months though management remains mindful to limit dilution to shareholders. No change to target price pending completion of the exercise but we are positive as it will lower Yinson's gearing (1.8x to 1.6x) putting it on a better footing to secure new jobs.
Click here for full report
Source: Maybank Research - 9 April 2012
Company Name: YINSON HOLDINGS BHD
| Research House: MAYBANK | Price Call: BUY | Target Price: 2.20 |
Preparing for new projects. Yinson is proposing a 6% placement of new shares. We believe this is to fund upcoming projects planned for the next 12 months though management remains mindful to limit dilution to shareholders. No change to target price pending completion of the exercise but we are positive as it will lower Yinson's gearing (1.8x to 1.6x) putting it on a better footing to secure new jobs.
Click here for full report
Source: Maybank Research - 9 April 2012
This is a better-quality article as they all are. I am waiting to read even more about this topic. I make fun of been wonder wide this an eye to some beat now. Thanks for sharing.
ReplyDelete