Uchi Technologies - Not a Robusta outlook
Date:
2012-05-24
Firm:
CIMB
Stock:
Price Target:
1.18
Price Call:
HOLD
Last Price:
3.89
Upside/Downside:
-2.71 (69.67%)
Target RM1.18 (Long Term: Neutral)
Though Uchi's 1Q12 results met our expectations, the market will be disappointed. Sales fell 12% during the quarter due to lower demand for luxury goods as the European economies remain in a funk.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
chongkonghui
Up despite the CIMB Research paper dated 24.5.2012
2012-05-25 17:16