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
ALFANG88
TP $4.60 looks a bit too high...
2012-08-03 16:56