PublicInvest maintains Outperform on Kian Joo, Kenanga Research agrees on takeover offer


  • Business
  • Wednesday, 27 Nov 2013

KUALA LUMPUR: PublicInvest Research has maintained its Outperform on Kian Joo with an unchanged target price of RM3.64, it said on Wednesday.

“Kian Joo reported a healthy 9MFY13 net profit of RM99.3m, accounting for 86% of our full-year estimates while revenue was at 75% of forecasts.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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!
   

Others Also Read