Stock Name: EKSONS
Company Name: EKSONS CORPORATION BHD
After a largely expected 9MFY3/12 showing by Eksons, we look to Japan for signs of a recovery of the plywood market over the next few months. We still like the stock as P/BV is only 0.4x, 43% of its share price is backed by cash and dividend yield is attractive at 6-7%.
Company Name: EKSONS CORPORATION BHD
| Research House: CIMB | Price Call: BUY | Target Price: 1.33 |
Target RM1.33
After a largely expected 9MFY3/12 showing by Eksons, we look to Japan for signs of a recovery of the plywood market over the next few months. We still like the stock as P/BV is only 0.4x, 43% of its share price is backed by cash and dividend yield is attractive at 6-7%.
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