AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Glomac Bhd: Trading Buy, target price RM1.83.
OSK Research has initiated coverage on stocks of Glomac Bhd, arguing the property developer is cheap relative to rivals while earnings is expected to recover strongly.
Glomac also has a more solid balance sheet now and the property market sentiment is also fast improving.
The stock trades at around 0.7 times its price to book value, lower than 0.9 times for rivals like Sunrise and YNH Property.
"Armed with unbilled sales of RM549.7 million ... Glomac's near-term earnings growth prospects appear secure," it said in a report.
OSK have …
-
- Glomac Bhd: Hold, target price RM1.40.
-
Magazine article from: Business Times (Malaysia)
March 26, 2010
700+ words
-
- Glomac Bhd - Rousing reception for high-end housing.
-
News wire article from: Asia Africa Intelligence Wire
October 16, 2002
700+ words
-
- MARC AFFIRMS RATINGS OF GLOMAC BHD'S PAPERS.
-
News wire article from: Asia Africa Intelligence Wire
December 20, 2004
700+ words
-
- DON'T UNDERSELL MALAYSIA, SAYS GLOMAC BHD'S CEO.
-
News wire article from: BERNAMA The Malaysian National News Agency
September 30, 2009
700+ words
-
- Glomac's office block goes for RM50m ..LD: Glomac Bhd is selling its Block D...
-
News wire article from: Asia Africa Intelligence Wire
January 3, 2004
700+ words
