Apr 20, 2010

HWDBS Maintain Buy on DAYANG

Dayang Enterprise Holdings (RM1.93; Buy; Price Target:
RM2.60; DEHB MK) 

More upside in store
•  Eyeing PETRONAS’ major maintenance contract
•  SHELL contract likely to worth more than the original RM400m
•  Maintain Buy and TP of RM2.60 

source: HWDBS Vickers