Stock Name: SIME
Company Name: SIME DARBY BHD
Muted impact even if it goes through.Talks are still preliminary, we understand, but we expect a muted impact on Sime's bottom line even if its reported acquisition of the 1,400MW coal-fired Jimah power plant in Port Dickson, Negeri Sembilan does go through. Sime is still a Hold, with unchanged TP of RM9.90 based on 16x CY13 PER.
Maybank Research 7 March 2012
Click here for full report
Company Name: SIME DARBY BHD
Research House: MAYBANK | Price Call: HOLD | Target Price: 9.90 |
Muted impact even if it goes through.Talks are still preliminary, we understand, but we expect a muted impact on Sime's bottom line even if its reported acquisition of the 1,400MW coal-fired Jimah power plant in Port Dickson, Negeri Sembilan does go through. Sime is still a Hold, with unchanged TP of RM9.90 based on 16x CY13 PER.
Maybank Research 7 March 2012
Click here for full report
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