Trading ideas: Gadang, HeveaBoard, Paramount, Sunway REIT - Business News - News Summed Up

Trading ideas: Gadang, HeveaBoard, Paramount, Sunway REIT - Business News


We do not change our earnings forecast as it is still subject for development approvals. Furthermore, the launching and products mix details are still sketchy at this junction. “Maintain BUY with target price of RM1.20. We derived our valuation by pegging at PER of 12 times FY17F EPS of 10sen after taking into account the dilution of share split, bonus share and warrant issue. “The valuation is in line with its growth potential with potential of bagging more construction works in the future.


Source: The Star January 12, 2017 01:00 UTC


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