RHBInvest Research

Monday, December 20, 2010


Gamuda:

  • Trading Buy
  • 1QFY07/11 net profit grows 20% yoy, appointed MRT’s PDP
  • Fair value is RM4.51.
  • Maintain Trading Buy.


Corporate Highlights


IJM:Bulleted List
  • Awarded RM461m building contract for Naza’s Platinum
  • Fair value is RM6.16.
  • Maintain Market Perform.

Hai-O:
  • Weak MLM sales continues
  • Maintain Underperform.

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