Showing posts with label HUAYANG. Show all posts
Showing posts with label HUAYANG. Show all posts
January 27, 2015
October 27, 2014
October 24, 2014
July 17, 2014
July 10, 2014
June 18, 2013
January 29, 2013
January 25, 2013
October 23, 2012
Hua Yang Bhd RR 2Q FY 2013
Stock Name: HUAYANG
Company Name: HUA YANG BHD
Company Name: HUA YANG BHD
| Research House: WILSON & YORK | Price Call: BUY | Target Price: 2.06 |
October 19, 2012
October 18, 2012
September 18, 2012
Hua Yang's target price raised
Stock Name: HUAYANG
Company Name: HUA YANG BHD
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
Company Name: HUA YANG BHD
| Research House: TA | Price Call: BUY | Target 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
July 24, 2012
Hua Yang Bhd RR 1Q FY 2013
Stock Name: HUAYANG
Company Name: HUA YANG BHD
Company Name: HUA YANG BHD
| Research House: WILSON & YORK | Price Call: BUY | Target Price: 2.28 |
July 20, 2012
July 19, 2012
July 16, 2012
December 29, 2011
July 18, 2011
Hua Yang Bhd RR Jul 2011
Stock Name: HUAYANG
Company Name: HUA YANG BHD
Company Name: HUA YANG BHD
| Research House: WILSON & YORK | Price Call: BUY | Target Price: 2.28 |
March 29, 2011
HUAYANG - CIMB Research sees fair value for Hua Yang at RM2.76
Stock Name: HUAYANG
Company Name: HUA YANG BHD
Research House: CIMB
KUALA LUMPUR: CIMB Equities Research said although Hua Yang is a very small property stock in terms of market cap, it has big ambitions and plans to expand its profits several fold over the next three to five years.
It said on Tuesday, March 29 that should Hua Yang manage to deliver its targets of RM500 million to RM600 million in turnover and RM75 million to RM90 million net profit, P/E would plunge to below 2.0 times.
CIMB Equities Research said the high targets are not unrealistic as the group has landbank with RM2.23 billion GDV potential and is always on the lookout for more. Also, it has exceeded its FY3/11 sales target of RM300m and including bookings, has unbilled sales of over RM400 million, nearly 4x FY10's turnover.
'Using a blend of 40% discount to its RM4.30 RNAV in view of its small size and illiquid shares and a similar discount to our 14.5x FY12 target market P/E, we arrive at a value of RM2.76, which implies 100% upside,' it said.
Company Name: HUA YANG BHD
Research House: CIMB
KUALA LUMPUR: CIMB Equities Research said although Hua Yang is a very small property stock in terms of market cap, it has big ambitions and plans to expand its profits several fold over the next three to five years.
It said on Tuesday, March 29 that should Hua Yang manage to deliver its targets of RM500 million to RM600 million in turnover and RM75 million to RM90 million net profit, P/E would plunge to below 2.0 times.
CIMB Equities Research said the high targets are not unrealistic as the group has landbank with RM2.23 billion GDV potential and is always on the lookout for more. Also, it has exceeded its FY3/11 sales target of RM300m and including bookings, has unbilled sales of over RM400 million, nearly 4x FY10's turnover.
'Using a blend of 40% discount to its RM4.30 RNAV in view of its small size and illiquid shares and a similar discount to our 14.5x FY12 target market P/E, we arrive at a value of RM2.76, which implies 100% upside,' it said.
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