Apr 28, 2010

MRCB Target Price RM2.25

MRCB (RM1.55; Buy; Price Target: RM2.25; MRC MK)
Not all about RRIM land
•  Feedback from conference was positive
•  Chunky environmental projects in the pipeline; solidifying KL Sentral presence
•  Maintain Buy and SOP-derived RM2.25 TP, high-conviction pick for the sector

by HWDBS Vickers