May 20, 2010

IJM Corp Target Price RM6

IJM Corp BUY RM 4.85
Price Target : 12: RM 6.00 
•  Most diversified Malaysian contractor that offers resilient earnings
•  Strategy to bid for a large pool of contracts gives it the highest probability of new wins
•  Resurgence in the India construction market where IJM has a stronghold

ijm-financial-analysis

by DBS Vickers

The activities of the Group are concentrated on construction, properties, manufacturing and quarrying, plantations and international ventures.