September 18, 2012

Hua Yang's target price raised

Stock Name: HUAYANG
Company Name: HUA YANG BHD
Research House: TAPrice Call: BUYTarget Price: 2.63



TA Securities raised its target price on property developer Hua Yang Bhd to RM2.63 per share from RM2.10 on expectations the Malaysian government will introduce incentives for home buyers in the 2013 budget.

"We will continue to see high demand for Hua Yang's products should the government provide more incentives to first-time home buyers," TA said in a research note on Tuesday.

The research house kept its "buy" call on the stock.

Hua Yang's shares gained 1.1 percent against the Malaysian benchmark stock index's 0.4 percent rise. -- Reuters

2 comments:

  1. This post is so informative and makes a very nice image on the topic in my mind. It is the first time I visit your blog, but I was extremely impressed. Keep posting as I am gonna come to read it everyday!

    ReplyDelete
  2. Thanks for sharing this great post. It’s very enlightening. I absolutely love to read informative stuff. Looking forward to find out more and acquire further knowledge from here! Cheers!

    ReplyDelete