Thursday, February 10, 2011

RHBInvest Research

KLK:
Extreme weather = Lower production but higher prices
Reduced fair value for KLK to RM25.95 (from RM27.35), but maintain our Outperform rating.

Corporate Highlights

Dayang:
Dayang’s 1-for-4 bonus and rights issues went ex yesterday.
New ex-all fair value is RM2.60/share (from RM3.54 previously). While we still like the company, we downgrade our call on the stock to Market Perform (from outperform)

1 comment:

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