Timing seen as right for Sime Darby to gain exposure

Overlooked? Indeed, we believe this is the case for Sime Darby (RM5.45). While many of its heavyweight counterparts scaled new highs with double-digit percentage gains, Sime Darby has so far only tagged on 5.8% this month.  

Not only has it under-performed the broad market, but more importantly, the valuation gap vis-à-vis other institutional heavyweights has widened so much that we are compelled to revisit the stock.