*New Listing*
*Leong Hup International Bhd (6633)*
*Target Price: RM1.43 (Buy)*
We initiate coverage on Leong Hup International Bhd (LHI) with a Buy recommendation and TP of RM1.43 based on 19x CY20PER. We like LHI for i) being a fully integrated “pure play” poultry player, ii) dominant presence and position in ASEAN, iii) tailwind from favourable raw materials and iv) high quality associated branding with strong track records. We are also positive on LHI’s plan on expanding into new market i.e. Philippines, and optimising its value chain through further vertical integrations.

http://eas.taonline.com.my/research/Dco/IPO_LHI_190430.PDF

*Disclaimer*
This information should not be construed as a solicitation for contracts. We accept no liability for any direct or indirect loss arising from the use of this information. We, our associates, directors and employees may have an interest in the securities and/or companies mentioned herein.
*TA Securities Holdings Berhad (14948-M)*

Sapura Energy Berhad ("Sapura Energy" or the “Company") (“Board”) is pleased to announce that its wholly-owned subsidiaries have been awarded contracts/contracts extension with a combined value of approximately RM1.279 billion.

this forum become rubbish bin when KAQ, Tongkarat, Dragonslayer and the gangs come in & Spinninglotus keep on reply to their post.

thank you very much spinninglotus for your relentless effort to promote this counter here.