KUALA LUMPUR: Tan Chong Motor Holdings Bhd’s weaker-than-expected second quarter ended June 30, 2014 financial performance has prompted some analysts to revise earnings forecast and downgrade the stock.
Kenanga Research has downgraded Tan Chong to “underperform” from “market perform” while CIMB Research downgraded it to “hold” from “add”.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!