Re: Cahya Mata Sarawak Bhd
Posted: Wed Sep 26, 2018 9:18 am
not vested
Temporary Weakness; Expect Strong Earnings In 2H18
We view share price weakness as an opportunity to accumulate as earnings remain intact.
In more positive news, construction of the MPA plant started on 1 Sep 18.
OMH was included in S&P/ASX 300 on 24 Sep 18, giving it a broader exposure to the equity
market.
Maintain BUY. Target price of RM4.20 implies 13.6x 2019F PE.
Source: UOBKH
https://research.uobkayhian.com/content ... 73f8ce7378
Temporary Weakness; Expect Strong Earnings In 2H18
We view share price weakness as an opportunity to accumulate as earnings remain intact.
In more positive news, construction of the MPA plant started on 1 Sep 18.
OMH was included in S&P/ASX 300 on 24 Sep 18, giving it a broader exposure to the equity
market.
Maintain BUY. Target price of RM4.20 implies 13.6x 2019F PE.
Source: UOBKH
https://research.uobkayhian.com/content ... 73f8ce7378