CIMB Research maintains Add on Muhibbah


KUALA LUMPUR: CIMB Research has maintained its Add on Muhibbah Engineering with a target price of RM3.48, it said in a note on Friday.

The research house said Muhibbah's annualised 1Q14 core net profit made up 86% of CIMB’s and 80% of consensus full-year forecasts.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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CIMB Research Mubibbah , Add

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