Company Name: FELDA GLOBAL VENTURES HLDG BHD
Research House: TA | Price Call: SELL | Target Price: 2.43 |
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.
Research House: TA | Price Call: SELL | Target Price: 2.43 |
Research House: TA | Price Call: SELL | Target Price: 8.40 |
Research House: MIDF | Price Call: BUY | Target Price: 9.04 |
Research House: TA | Price Call: HOLD | Target Price: 1.75 |
Research House: MIDF | Price Call: HOLD | Target Price: 1.70 |
Research House: MIDF | Price Call: BUY | Target Price: 1.33 |
Research House: MIDF | Price Call: HOLD | Target Price: 0.58 |
Research House: MIDF | Price Call: HOLD | Target Price: 1.66 |
Research House: TA | Price Call: SELL | Target Price: 2.72 |
Research House: TA | Price Call: SELL | Target Price: 0.55 |
Research House: TA | Price Call: HOLD | Target Price: 1.81 |
Research House: ALLIANCE | Price Call: BUY | Target Price: 2.71 |
KUALA LUMPUR: AllianceDBS Research has reiterated its "buy" rating on property developer MKH Bhd at RM2.71, on the back of high unbilled property sales and strong oil palm plantation production growth.
The research house said MKH's unbilled sales were at a record high of RM823 million last year.
"This will underpin strong earnings visibility over the next two years," it said in a note here.
At 12.30 pm, the stock rose two sen to RM2.74 with 396,000 lots traded, after opening at RM2.69 today.
Meanwhile, AllianceDBS Research said MKH aims to secure RM850 million in sales this year, on the back of launches of RM1.3 billion.
It said the company's strong plantation earnings growth remained intact as the favourable age profile of palms offset the subdued CPO price.
- Bernama