March 6, 2012

PERISAI - Visible earnings



Perisai Petroleum; Buy; RM0.93
Price Target: RM1.20 (Prev RM0.85); PPT MK

FY12 to see explosive growth with 100% fleet utilisation. Acquiring a major asset soon. Maintain Buy with higher TP of RM1.20.

Source: HwangDBS Research 6 March 2012

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