March 14, 2012

GAMUDA - Riding the gravy train

Stock Name: GAMUDA
Company Name: GAMUDA BHD
Research House: HWANGDBSPrice Call: BUYTarget Price: 4.80



Gamuda; Buy; RM3.70
Price Target: RM4.80; GAM MK

2QFY12F earnings to lead to a record year . Orderbook could increase 5-fold by mid-2012. Top sector pick at RM4.80 TP .

Source: HwangDBS Research 14 March 2012

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