By Maybank IB Research
29th Jan 2013
Buy (unchanged)
Share price: MYR5.50
Target price: MYR6.60 (from MYR6.90)
Maintain Buy with a lower target price. We look forward to a promising 2013 with robust traffic growth thanks to sustained economic growth and high capacity deployment plans by the domestic airlines. We are also excited with the opening of KLIA2 (officially 28 June) as it opens platforms for many new revenue streams. Maintain BUY, with a lower DCF-based target price ofMYR6.60/share (from MYR6.90) after adjusting for higher number of shares and other cost items.
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Showing posts with label AIRPORT. Show all posts
Showing posts with label AIRPORT. Show all posts
Tuesday, January 29, 2013
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