tag:blogger.com,1999:blog-17708300.post3470073528054056749..comments2023-10-25T21:25:46.183+08:00Comments on Where is Ze Moola: Yes, RHB DID Change Its Fair Value On JCY!Unknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-17708300.post-27543814252406848932011-05-05T10:00:39.889+08:002011-05-05T10:00:39.889+08:00Unreal!
LOLOLOL!
3 May 2011.
Downgrade to Under...Unreal!<br /><br />LOLOLOL!<br /><br />3 May 2011.<br /><br /><b>Downgrade to Underperform. </b>Correspondingly, our fair value is <br />lowered to RM0.74/share based on 10x CY11 EPS. While we believe JCY stands to benefit from the consolidation within the industry which could result in less ASP pressures in addition to mitigating oversupply, we are cautious on JCY’s earnings visibility as it resolves its operational issues. Therefore, due to the limited upside to the share price, we downgrade our call to Underperform (from market perform).Moolahhttps://www.blogger.com/profile/16837745401820976707noreply@blogger.com