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

WCT: Maintain Buy - Big job win!

Maintain Buy. WCT's latest job win in Oman of MYR800m being its effective share, has lifted its job wins year todate to MYR1.9b, closing in to our MYR2b forecast for the year.
This further extends its earnings visibility. We however maintain our forecasts which have imputed an estimated MYR2b job win prospects for the year.
We reiterate our Buy call on WCT with an unchanged MYR3.15 SOP-based target price (15x 2012 earnings plus a 20sen increment from the KLIA2 IC concession).

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Source: Maybank Research - 17 August 2012

Bursa Malaysia Stock Watch

Friday, August 17, 2012

WCT: Maintain Buy - Big job win!

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