February 28, 2012

DAYANG - Earnings within expectations

Stock Name: DAYANG
Company Name: DAYANG ENTERPRISE HOLDINGS BHD
Research House: HWANGDBSPrice Call: BUYTarget Price: 2.70



Dayang Enterprise Holdings; Buy; RM2.05
Price Target: RM2.70; DEHB MK

4Q11 earnings within expectations. Declares 2nd interim dividend of 5sen/share. RM1.4bn order book to sustain earnings growth. Maintain Buy rating and RM2.70 TP.

Source: HwangDBS Research 28 Feb 2012

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