SUNREIT - Looking to the future

Date: 
2012-06-26
Firm: 
HWANGDBS
Stock: 
Price Target: 
1.60
Price Call: 
BUY
Last Price: 
1.83
Upside/Downside: 
-0.23 (12.57%)

Sunway REITs; Buy (Initiating Coverage); RM1.32
Target Price: RM1.60; SREIT MK


Dominant portfolio of assets in Bandar Sunway. Putra Place is a key medium-term earnings driver; large block of leases expiring in FY14 for retail assets. Initiate with Buy and DCF-based RM1.60 TP.

Source: HwangDBS Research - 26 June 2012

Discussions
2 people like this. Showing 1 of 1 comments

petdennis

Still buying more...St

2012-06-26 18:04

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