KL Trader Investment Research Articles

POS - Unlocking bigger values

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Publish date: Fri, 03 Aug 2012, 10:36 AM
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This is a personal investment blog where I keep important research articles relating to KLSE companies.

Pos Malaysia; Buy; RM2.90
Target Price: RM4.60; POSM MK


New shareholder, DRB-HICOM, brings entrepreneurial touch, synergy and growth to the group. Unlocking of landbank could bring massive value. Initiate coverage with BUY at RM4.60 TP; FY14F net yield at 4%.

Source: HwangDBS Research - 3 August 2012

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4 people like this. Showing 4 of 4 comments

KC Loh

Now those with POS stock should see this counter moving. Couldnt believe so many bought into the dividend the last time and waited and waited. Market had already factored the news then.

DRB-Hicom looks to be unlocking the value of POS now. They are an experience side and the unlocking of land proves it. They will keep their investment intact.

all the best to all POS holder!

2012-08-03 11:36

herbert456

Agreed. In fact, my bet is on DRBHICOM rather than POS, because the price of DRBHICOM is currently below its Net Asset Value. Likewise, DRBHICOM with its recent acquisition of PROTON, has already been signaling much more plans coming its way to revive the automobile division in its group.

2012-08-09 19:36

reshkumar

POS malaysia price has been pushed to RM3>..next should be DRB

2012-08-10 00:27

reshkumar

POS malaysia price has been pushed to RM3>..next should be DRB

2012-08-10 00:27

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