Ok.. i recv news IJM TP up to 5.08 by CS.
Zelan might move up if IJM goes up..
DJ MARKET TALK: Credit Suisse Raises IJM Corp Target To MYR5.08
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0038 GMT [Dow Jones] STOCK CALL: Credit Suisse maintains IJM Corporation (3336.KU) at Outperform, raises target price to MYR5.08 from MYR4.95 after revising up FY10-11 net profit estimates; says this to factor in higher construction orderflow assumptions. Notes management confident of clinching at least another MYR1.2 billion new construction orders in coming months. Broker tips group's new job inflow in 2009 likely to be more than MYR2.4 billion, surpass management's earlier target of MYR1-2 billion. Adds, "management plans to divest interests in its Indian toll road concessions," to enhance ROE, trim net gearing. Says new target price implies 25% upside potential; shares last closed +3% at MYR4.18. (PVA)
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March 31, 2009 20:38 ET (00:38 GMT)
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QUOTE(kmarc @ Apr 1 2009, 06:29 AM)
I see. Thx for the detailed info.
Will only be free tomorrow to goreng. Hope can do some gorenging this week.

Added on April 1, 2009, 8:52 amMaybank pre opening price shoot up again.. lotsa aggressive buyer.. . now 3.92 ady..
QUOTE(Muliku @ Apr 1 2009, 08:28 AM)
Just to share this for those who are planning to tambah MBB shares
Happy trading ....
DJ MARKET TALK: Maybank +3.8% Trading Ex-Rights; May Slip Later - 2009-03-31 03:37:00.0
0337 GMT [Dow Jones] Maybank (1155.KU) +3.8% at MYR3.80 in heavy volume, trading ex-rights for proposed 9-for-20 rights issue priced at MYR2.74 each. Dealers say stock rebounding after yesterday's 6% fall. "Selling pressure was quite heavy yesterday, ahead of the ex-rights date but this bounce may only be temporary. Maybank is looking expensive at this level," says dealer. Affin Investment Bank's analyst Rachel Huang retains Sell rating with MYR3.0 fair value target based on 0.8X P/BV on calendarized ROE of 9.7% 2010, cost of equity of 12.0% and long-term growth rate of 1.0%. "Should we include MYR2.0 billion impairment loss (from investments in Pakistan and Indonesia), we are looking at additional downgrade to ROE by 3.1 percentage points for FY09, EPS downgrade of 34.5% FY09, book value coming off by 2.8% FY09, and another 70 sen downgrade to our target price," she adds. (VGB)
This post has been edited by viper88: Apr 1 2009, 08:56 AM