CONSENSUS TARGET PRICE
Userguide: To complement the top down approach, Mercury Securities will be compiling the top three underpriced equities of the respective sectors based on the consensus target price premium over the current price on a weekly basis.
FINANCE
Hong Leong Financial Group Bhd 14.96 (Closing Price) 17.50 (Target Price) 17.0% (Premium)
CIMB Group Holdings Bhd
4.66 (Closing Price) 5.07 (Target Price) 8.8% (Premium)
AMMB Holdings Bhd
4.19 (Closing Price) 4.45 (Target Price) 6.2% (Premium)
PROPERTY
Eco World Development Group Bhd
1.36 (Closing Price) 1.64 (Target Price) 21.0% (Premium)
LBS Bina Group Bhd
1.71 (Closing Price) 2.08 (Target Price) 21.6% (Premium)
Mah Sing Group Bhd
1.52 (Closing Price) 1.74 (Target Price) 14.1% (Premium)
PLANTATION
Hap Seng Plantations Holdings
2.46 (Closing Price) 2.61 (Target Price) 6.0% (Premium)
TSH Resources Bhd
1.93 (Closing Price) 2.02 (Target Price) 4.4% (Premium)
Kuala Lumpur Kepong Bhd 24.10 (Closing Price) 24.10(Target Price) 0.0% (Premium)
Userguide: To complement the top down approach, Mercury Securities will be compiling the top three underpriced equities of the respective sectors based on the consensus target price premium over the current price on a weekly basis.
FINANCE Hong Leong Financial Group Bhd 14.96 (Closing Price) 17.50 (Target Price) 17.0% (Premium)
CIMB Group Holdings Bhd
4.66 (Closing Price) 5.07 (Target Price) 8.8% (Premium)
AMMB Holdings Bhd
4.19 (Closing Price) 4.45 (Target Price) 6.2% (Premium)
PROPERTY
Eco World Development Group Bhd
1.36 (Closing Price) 1.64 (Target Price) 21.0% (Premium)
LBS Bina Group Bhd
1.71 (Closing Price) 2.08 (Target Price) 21.6% (Premium)
Mah Sing Group Bhd
1.52 (Closing Price) 1.74 (Target Price) 14.1% (Premium)
PLANTATION
Hap Seng Plantations Holdings
2.46 (Closing Price) 2.61 (Target Price) 6.0% (Premium)
TSH Resources Bhd
1.93 (Closing Price) 2.02 (Target Price) 4.4% (Premium)
Kuala Lumpur Kepong Bhd 24.10 (Closing Price) 24.10(Target Price) 0.0% (Premium)
CONSUMER
Kawan Food Bhd 3.79 (Closing Price) 5.56 (Target Price) 46.7% (Premium)
Heineken Malaysia Bhd
15.70 (Closing Price) 18.49 (Target Price) 17.8% (Premium)
British American Tobacco Malay
44.58 (Closing Price) 48.50 (Target Price) 8.8% (Premium)
INDUSTRIAL PRODUCT
VS Industry Bhd 1.41 (Closing Price) 1.70 (Target Price) 20.6% (Premium)
Ta Ann Holdings Bhd
3.77 (Closing Price) 4.42 (Target Price) 17.2% (Premium)
Wah Seong Corp Bhd
0.84 (Closing Price) 1.00 (Target Price) 19.8% (Premium)
CONSTRUCTION
Muhibbah Engineering M Bhd
2.19 (Closing Price) 2.99 (Target Price) 36.5% (Premium)
Malaysian Resources Corp Bhd
1.28 (Closing Price) 1.52 (Target Price) 18.7% (Premium)
Hock Seng LEE BHD 1.68 (Closing Price) 2.00 (Target Price) 19.0% (Premium)
TRADING & SERVICES
Bumi Armada Bhd 0.55 (Closing Price) 0.83 (Target Price) 50.9% (Premium)
Yinson Holdings BHD 2.92 (Closing Price) 3.88 (Target Price) 32.9% (Premium)
Tiong NAM Logistics Holdings 1.61 (Closing Price) 2.07 (Target Price) 28.6% (Premium)
Kawan Food Bhd 3.79 (Closing Price) 5.56 (Target Price) 46.7% (Premium)
Heineken Malaysia Bhd
15.70 (Closing Price) 18.49 (Target Price) 17.8% (Premium)
British American Tobacco Malay
44.58 (Closing Price) 48.50 (Target Price) 8.8% (Premium)
INDUSTRIAL PRODUCT
VS Industry Bhd 1.41 (Closing Price) 1.70 (Target Price) 20.6% (Premium)
Ta Ann Holdings Bhd
3.77 (Closing Price) 4.42 (Target Price) 17.2% (Premium)
Wah Seong Corp Bhd
0.84 (Closing Price) 1.00 (Target Price) 19.8% (Premium)
CONSTRUCTION
Muhibbah Engineering M Bhd
2.19 (Closing Price) 2.99 (Target Price) 36.5% (Premium)
Malaysian Resources Corp Bhd
1.28 (Closing Price) 1.52 (Target Price) 18.7% (Premium)
Hock Seng LEE BHD 1.68 (Closing Price) 2.00 (Target Price) 19.0% (Premium)
TRADING & SERVICES
Bumi Armada Bhd 0.55 (Closing Price) 0.83 (Target Price) 50.9% (Premium)
Yinson Holdings BHD 2.92 (Closing Price) 3.88 (Target Price) 32.9% (Premium)
Tiong NAM Logistics Holdings 1.61 (Closing Price) 2.07 (Target Price) 28.6% (Premium)
Source: Mercury Securities Research – 29/11/16
