RHBInvest Research

Monday, January 10, 2011


Prinsiptek:

Building blocks for earnings recovery put in place
Fair value is RM0.58


Corporate Highlights


MRCB:
To clinch RM8bn Klang River clean-up job?
Fair value is raised from RM2.48 to RM2.65.
Maintain Trading Buy.


PLUS:
Potential bidding war on the horizon
Maintain our Trading Buy call on PLUS with an unchanged fair value of RM5.20

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