You will be be redirected to the blog in a moment...

Or you can click the link below to proceed:
Meiban Group (M24)

Sales recovery with margin expansion in 2Q09.Undervalued @ 6×09F P/E, 0.6x P/B and 8% yield. FY09F CPS of 12cts is 47% of share price.Upgrade to Buy with 37% price upside to new TP of S$0.352Q09 boosted by restocking bounce and margin expansion.We expect Q2 sales to rebound 10% sequentially to S$80m after two quarters of ...

 

Want to be redirected immediately?
Register yourself at Ping.sg to get rid of this page and also to get your read counted as Pong.