Sector Update
Tan Chong : Fair value raised to RM6.16/share (previously RM5.26) - Outperform
UMW : Fair value reduced slightly to RM7.50 (previously RM7.52) - Outperform
MBM : Fair value increased to RM5.31 (previously RM5.04) - Outperform
Proton : Fair value is maintained at RM5.50 based on stripped down book value - Outperform
- We believe it is now the best time to invest in local motor stocks as the motor sector is currently into its second year of a new 3-year cycle that has started in 2009.
RHB Equity 360° - 12 July 2010 (Motor, B-Toto, Mah Sing; Technical: Titan, Axiata)
Showing posts with label Titan. Show all posts
Showing posts with label Titan. Show all posts
Monday, July 12, 2010
Thursday, June 17, 2010
RHB Equity 360° - 17 June 2010 (KPJ, Top Glove; Technical: Titan)
KPJ Helathcare: Brighter Prospect Ahead
Visit Note
- For FY09, KPJ recorded a revenue growth of 14.9% yoy largely due to higher contribution from all of its business segments. Moving forward, we believe KPJ’s revenue growth drivers include:
1) the opening of at least two new hospitals p.a.;
2) expansion of its existing hospitals;
3) enhancing its presence in medical tourism; and
4) higher utilisation rate per patient.
RHB Equity 360° - 17 June 2010 (KPJ, Top Glove; Technical: Titan)
Visit Note
- For FY09, KPJ recorded a revenue growth of 14.9% yoy largely due to higher contribution from all of its business segments. Moving forward, we believe KPJ’s revenue growth drivers include:
1) the opening of at least two new hospitals p.a.;
2) expansion of its existing hospitals;
3) enhancing its presence in medical tourism; and
4) higher utilisation rate per patient.
RHB Equity 360° - 17 June 2010 (KPJ, Top Glove; Technical: Titan)