Stock Name: UMW
Company Name: UMW HOLDINGS BHD
Company Name: UMW HOLDINGS BHD
| Research House: CIMB | Price Call: HOLD | Target Price: 7.20 |
Target RM7.20
UMW's management expects a turnaround in the O&G business this year, according to a news report last weekend. While the worst could be over for the division, headwinds for its key auto division in the form
of a tightening in credit lending are an emerging cause for concern.
of a tightening in credit lending are an emerging cause for concern.
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