Posted by samsung555 > 2014-11-11 10:15 | Report Abuse

CIMB Target RM1.05 (Stock Rating: ADD)
IFCA is bullish about is prospects over the next few years, with growth coming mainly from domestic and China markets. Recent revenue growth is not coming from GST jobs, only to kick in more aggressively from 4Q14 onwards. We maintain our EPS and target price, based on unchanged 21x 2016 P/E (in line with domestic peers). The stock remains an Add, with potential catalysts such as the record 3Q14 net profit and possible transfer to the Main Board in 2015.