Bursa Malaysia Stock Watch

This site provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.

Friday, August 17, 2012

Star Publications (M): Maintain Hold - Yet To Shine

Fourth consecutive quarter of YoY earnings contractions. Star's
2Q12 earnings continued to disappoint. We estimate that 2Q12 print adex was again down 3-4% YoY.
Curiously, 2Q12 print earnings were flat QoQ although revenue grew 10% QoQ. Star’s prognosis of a bearish outlook differs from ours. Maintain estimates, HOLD call and DCF-based TP of MYR3.26 pending its analyst briefing.

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Source: Maybank Research - 17 August 2012

Bursa Malaysia Stock Watch

Friday, August 17, 2012

Star Publications (M): Maintain Hold - Yet To Shine

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