Stock Name: MUHIBAH
Company Name: MUHIBBAH ENGINEERING (M) BHD
Company Name: MUHIBBAH ENGINEERING (M) BHD
| Research House: MIDF | Price Call: BUY | Target Price: 2.74 |
This Blog provides Price Targets from Research House covering companies listed in the Bursa Malaysia stock market exchange. You can search and find all the past Price Targets of companies by searching within this Blog. Please note that the Price Targets are provided from various Research Houses for reference purpose only. They do not constitute a Buy or Sell recommendation.
December 18, 2014
Research houses positive on SP Setia
Stock Name: SPSETIA
Company Name: SP SETIA BHD
Company Name: SP SETIA BHD
| Research House: ALLIANCE | Price Call: BUY | Target Price: 4.10 |
ALLIANCE DBS Research is maintaining a "buy" rating on SP Setia Bhd, with a target price of RM4.10, following its commendable fourth quarter results.
SP Setia reported fourth quarter earnings of RM131 million, a 27 per cent increase quarter-on-quarter and a three per cent rise year-on-year, taking its 2014 financial year earnings to RM406 million.
"The higher-than-anticipated 4QFY14 earnings were largely due to the strong turnaround of its construction division as well as higher profit recognition from completed projects," said the research house.
SP Setia achieved RM4.6 billion in property sales in FY14, with RM1.2 billion from its Battersea Power Station project and RM2.1 billion from Malaysian projects, it said.
Affin Hwang Research has maintained its "reduce" call on SP Setia, with a lower target price of RM2.78.
"We have lowered our FY15-FY16 estimation earnings forecasts by 6.1 per cent and 2.3 per cent, respectively, after updating FY10/14 figures and assuming a higher associate loss.
"Although we like SP Setia for its strategic landbank and high unbilled sales of RM11 billion, we opine that the persistent uncertainty over the group's strategic direction and leadership transition will lead to further exodus of talent," it said.
Hong Leong Investment Bank Research has kept its "hold" call on SP Setia, with target price unchanged at RM3.45, believing the property market will remain weak next year. Bernama
December 17, 2014
Growth moderated by lower ASP
Stock Name: TOPGLOV
Company Name: TOP GLOVE CORPORATION BHD
Company Name: TOP GLOVE CORPORATION BHD
| Research House: MIDF | Price Call: BUY | Target Price: 5.41 |
1QFY15: Benefited from the strengthening of USD
Stock Name: TOPGLOV
Company Name: TOP GLOVE CORPORATION BHD
Company Name: TOP GLOVE CORPORATION BHD
| Research House: JF APEX | Price Call: BUY | Target Price: 5.35 |
2QFY15: Another letdown
Stock Name: HAIO
Company Name: HAI-O ENTERPRISE BHD
Company Name: HAI-O ENTERPRISE BHD
| Research House: JF APEX | Price Call: HOLD | Target Price: 2.10 |
December 16, 2014
Dawn of a new venture
Stock Name: DAYANG
Company Name: DAYANG ENTERPRISE HOLDINGS BHD
Company Name: DAYANG ENTERPRISE HOLDINGS BHD
| Research House: MIDF | Price Call: BUY | Target Price: 4.37 |
1QFY15 Results Update
Stock Name: POHKONG
Company Name: POH KONG HOLDINGS BHD
Company Name: POH KONG HOLDINGS BHD
| Research House: NETRESEARCH | Price Call: BUY | Target Price: 0.78 |
Benefit from Stronger USD and Weak Material Prices
Stock Name: TOPGLOV
Company Name: TOP GLOVE CORPORATION BHD
Company Name: TOP GLOVE CORPORATION BHD
| Research House: TA | Price Call: HOLD | Target Price: 4.70 |
Values Emerging, Upgrade to BUY
Stock Name: CIMB
Company Name: CIMB GROUP HOLDINGS BERHAD
Company Name: CIMB GROUP HOLDINGS BERHAD
| Research House: TA | Price Call: BUY | Target Price: 6.90 |
December 15, 2014
Official appointment as WCE main contractor
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: MIDF | Price Call: BUY | Target Price: 7.20 |
Slew of positive news flow with WCE in the bag
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: JF APEX | Price Call: BUY | Target Price: 7.66 |
Securing the Future
Stock Name: KOSSAN
Company Name: KOSSAN RUBBER INDUSTRIES BHD
Company Name: KOSSAN RUBBER INDUSTRIES BHD
| Research House: TA | Price Call: BUY | Target Price: 5.40 |
Securing New Contract Worth RM192mn
Stock Name: AIRPORT
Company Name: MALAYSIA AIRPORTS HOLDINGS BHD
Company Name: MALAYSIA AIRPORTS HOLDINGS BHD
| Research House: TA | Price Call: SELL | Target Price: 6.87 |
Flag Off West Coast Expressway
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: TA | Price Call: SELL | Target Price: 6.61 |
Appointment of Group Chief Executive Officer
Stock Name: AFG
Company Name: ALLIANCE FINANCIAL GROUP BHD
Company Name: ALLIANCE FINANCIAL GROUP BHD
| Research House: TA | Price Call: SELL | Target Price: 4.35 |