Stock Name: GASMSIA
Company Name: GAS MALAYSIA BERHAD
Company Name: GAS MALAYSIA BERHAD
| Research House: MIDF | Price Call: HOLD | Target Price: 2.87 |
Showing posts with label GASMSIA. Show all posts
Showing posts with label GASMSIA. Show all posts
May 8, 2015
February 13, 2015
Earnings dampened by higher input cost
Stock Name: GASMSIA
Company Name: GAS MALAYSIA BERHAD
Company Name: GAS MALAYSIA BERHAD
| Research House: MIDF | Price Call: HOLD | Target Price: 3.40 |
November 13, 2014
Sustained earnings growth seen
Stock Name: GASMSIA
Company Name: GAS MALAYSIA BERHAD
Company Name: GAS MALAYSIA BERHAD
| Research House: MIDF | Price Call: HOLD | Target Price: 3.84 |
October 30, 2014
Subsidy rationalisation in motion
Stock Name: GASMSIA
Company Name: GAS MALAYSIA BERHAD
Company Name: GAS MALAYSIA BERHAD
| Research House: MIDF | Price Call: HOLD | Target Price: 3.84 |
May 16, 2014
GasMsia - No earnings surprise growth intact
Stock Name: GASMSIA
Company Name: GAS MALAYSIA BERHAD
Company Name: GAS MALAYSIA BERHAD
| Research House: MIDF | Price Call: HOLD | Target Price: 3.84 |
February 14, 2014
Gas Malaysia - Virtual pipeline to help maintain steady growth
Stock Name: GASMSIA
Company Name: GAS MALAYSIA BERHAD
Company Name: GAS MALAYSIA BERHAD
| Research House: MIDF | Price Call: HOLD | Target Price: 3.65 |
May 16, 2013
Green light for virtual pipeline
Stock Name: GASMSIA
Company Name: GAS MALAYSIA BERHAD
Company Name: GAS MALAYSIA BERHAD
| Research House: MIDF | Price Call: BUY | Target Price: 3.65 |
March 11, 2013
Organic growth seen - planning new revenue generators
Stock Name: GASMSIA
Company Name: GAS MALAYSIA BERHAD
Company Name: GAS MALAYSIA BERHAD
| Research House: MIDF | Price Call: BUY | Target Price: 3.11 |
November 12, 2012
Affin raises Gas Malaysia target price
Stock Name: GASMSIA
Company Name: GAS MALAYSIA BERHAD
Affin Investment Bank raised its target price on Gas Malaysia Bhd shares to RM3 from RM2.80 as the company has secured customers to take up all the additional gas supply for 2013 and 2014 financial years.
About 25 percent extra gas supply kicks in after Petronas Gas starts up its regasification plant in central Malaysia by end-January 2013, Affin said, helping Gas Malaysia lift revenue growth by 8.8 percent for both financial years.
Affin maintained its "add" call on the stock. Gas Malaysia shares were unchanged in morning trade, compared with the broader market that inched lower at 0158 GMT.
Gas Malaysia is the only firm licensed to supply and sell natural gas in mainland Malaysia where demand has been steadily growing. -- Reuters
Company Name: GAS MALAYSIA BERHAD
| Research House: AFFIN | Price Call: BUY | Target Price: 3.00 |
Affin Investment Bank raised its target price on Gas Malaysia Bhd shares to RM3 from RM2.80 as the company has secured customers to take up all the additional gas supply for 2013 and 2014 financial years.
About 25 percent extra gas supply kicks in after Petronas Gas starts up its regasification plant in central Malaysia by end-January 2013, Affin said, helping Gas Malaysia lift revenue growth by 8.8 percent for both financial years.
Affin maintained its "add" call on the stock. Gas Malaysia shares were unchanged in morning trade, compared with the broader market that inched lower at 0158 GMT.
Gas Malaysia is the only firm licensed to supply and sell natural gas in mainland Malaysia where demand has been steadily growing. -- Reuters
November 8, 2012
MIDF raises Gas Malaysia target price
Stock Name: GASMSIA
Company Name: GAS MALAYSIA BERHAD
MIDF Research raised its target price on Gas Malaysia Bhd to RM3.11 from RM2.84 after the gas provider's nine-month earnings came in above market expectations.
"As of yesterday's closing (RM2.62 per share), Gas Malaysia could still provide investors with a dividend yield of 4.5 percent and 4.3 percent for the financial year ending Dec.
31, 2012 (FY12) and FY13 respectively," the research house said in a note on Thursday.
Maintaining "buy" on the counter, MIDF said it was increasing its FY12 and FY13 earnings forecasts by 7.8 percent and 9.5 percent, respectively.
However, the counter declined 0.38 percent by 0134 GMT, underperforming the benchmark stock index's 0.17 percent drop. -- Reuters
Company Name: GAS MALAYSIA BERHAD
| Research House: MIDF | Price Call: BUY | Target Price: 3.11 |
MIDF Research raised its target price on Gas Malaysia Bhd to RM3.11 from RM2.84 after the gas provider's nine-month earnings came in above market expectations.
"As of yesterday's closing (RM2.62 per share), Gas Malaysia could still provide investors with a dividend yield of 4.5 percent and 4.3 percent for the financial year ending Dec.
31, 2012 (FY12) and FY13 respectively," the research house said in a note on Thursday.
Maintaining "buy" on the counter, MIDF said it was increasing its FY12 and FY13 earnings forecasts by 7.8 percent and 9.5 percent, respectively.
However, the counter declined 0.38 percent by 0134 GMT, underperforming the benchmark stock index's 0.17 percent drop. -- Reuters
September 14, 2012
Gas Malaysia a 'growing cash cow'
Stock Name: GASMSIA
Company Name: GAS MALAYSIA BERHAD
Kenanga Investment Bank started coverage on Gas Malaysia Bhd with an "outperform", saying the company is a "growing cash cow" thanks to future earnings growth and generous dividend payout.
Kenanga set a target price of RM2.94 on Gas Malaysia shares. The stock rose 0.4 percent to RM2.62 on Friday.
Kenanga said an expected fall in Gas Malaysia's earning in FY 2012 is expected to be limited as the firm has signed additional gas supply deal with state oil firm Petronas , potentially boosting 2013-15 earnings.
Gas Malaysia is the only firm licensed to supply and sell natural gas in mainland Malaysia where demand has been steadily growing.
"The company has committed to a 100 percent payout of its FY12 earnings and 75 percent for each year for FY13-FY14," Kenanga said in a note to clients.
"We see little problem for Gas Malaysia not to pay such a generous dividend given its relatively low capex requirement and sustainable earnings quality." -- REUTERS
Company Name: GAS MALAYSIA BERHAD
| Research House: KENANGA | Price Call: BUY | Target Price: 2.94 |
Kenanga Investment Bank started coverage on Gas Malaysia Bhd with an "outperform", saying the company is a "growing cash cow" thanks to future earnings growth and generous dividend payout.
Kenanga set a target price of RM2.94 on Gas Malaysia shares. The stock rose 0.4 percent to RM2.62 on Friday.
Kenanga said an expected fall in Gas Malaysia's earning in FY 2012 is expected to be limited as the firm has signed additional gas supply deal with state oil firm Petronas , potentially boosting 2013-15 earnings.
Gas Malaysia is the only firm licensed to supply and sell natural gas in mainland Malaysia where demand has been steadily growing.
"The company has committed to a 100 percent payout of its FY12 earnings and 75 percent for each year for FY13-FY14," Kenanga said in a note to clients.
"We see little problem for Gas Malaysia not to pay such a generous dividend given its relatively low capex requirement and sustainable earnings quality." -- REUTERS
August 8, 2012
GasMalaysia - Drop in earnings expected due to narrower margin
Stock Name: GASMSIA
Company Name: GAS MALAYSIA BERHAD
Company Name: GAS MALAYSIA BERHAD
| Research House: MIDF | Price Call: BUY | Target Price: 2.84 |
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