RHBInvest Research

Petronas Chemicals:
New Coverage
The New Chemical Player In Town
Initiate with Outperform call and fair value of RM7.25/share


Corporate Highlights


CI Holdings:
Briefing Note
Bitter Days Ahead Surprise Sugar Bomb Dropped
Fair value is reduced to RM3.88 (from RM4.90 previously).
We downgrade our call on the stock to Market Perform.


Adventa:
Company Update
Share Price to Remain Buoyant On Talks of Takeover.
Our fair value have been raised to RM3.00 (from RM2.21).
We reiterate our Outperform call on the stock.


Fajarbaru:

2QFY11 Results
Slow 1HFY06/11 but stronger 2H ahead
Fair value is RM1.37. Maintain Outperform.