QUOTE(mopster @ Apr 4 2013, 11:11 AM)
Ask boon ler.. he expert on daiman... Here is short trading article from Hwang DBS
QUOTE
Daiman Development Bhd; Trading Buy
Fair Value: RM4.00; DD MK
Cheapest pure Iskandar play with enviable growth prospects and strong dividend track record. Deep value with 2,286-acres of under-appreciated land bank to leverage on Iskandar Malaysia’s success. Potential M&A candidate with 53% of market value in liquid assets (RM1.10/share). Fair value of RM4.00 based on 50% discount to RM7.94 RNAV (94% upside potential).
Source: HwangDBS Research - 4 Apr 2013
Fair Value: RM4.00; DD MK
Cheapest pure Iskandar play with enviable growth prospects and strong dividend track record. Deep value with 2,286-acres of under-appreciated land bank to leverage on Iskandar Malaysia’s success. Potential M&A candidate with 53% of market value in liquid assets (RM1.10/share). Fair value of RM4.00 based on 50% discount to RM7.94 RNAV (94% upside potential).
Source: HwangDBS Research - 4 Apr 2013
This post has been edited by gark: Apr 4 2013, 11:13 AM
Apr 4 2013, 11:12 AM

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