CIMB Research ups Westports target price to RM4.28


Exports slumped 5.3% year-on-year to RM59.9bil compared to a survey of a 2.5% gain while imports fell 4.8% to RM57.9bil compared to a survey for a 1.5% slide

KUALA LUMPUR: CIMB Equities Research has raised the discounted cash flow (DCF) target for Westports to RM4.28 on the assumption of a 20% tariff hike effective Jan 1, 2016.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Syed Hamid Albar steps down as WIEF chairman
DNB, Ericsson catalyse digitalisation for enterprises
FBM KLCI poised to end week on high note
UUE inks underwriting deal with M&A Securities
NCT Group enters MoUs with Smartsel and Mikro
Pasukhas climbs 35% on contract news
Ringgit jumps 225 basis points at opening on mixed US economic data
Sustained buying interest boosts FBM KLCI
Trading ideas: Pasukhas, BHIC, JAKS, Protasco, Sarawak Cable, Epicon, Annum, Yinson, Ajinomoto
BHIC bags Navy submarine job from Mindef

Others Also Read