KUALA LUMPUR: AmResearch is maintaining its Buy call on DRB-Hicom Bhd
with an unchanged fair value of RM3.60 a share, which is a 15% discount to its sum-of-parts value of RM4.25 a share.
The research house said on Friday DRB-Hicom's 1QFY15 core net profit at RM133mil (+13% on-quarter; +434% on-year) was within expectations, making up 27% of consensus estimate.
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