Stock Name: LANDMRK
Company Name: LANDMARKS BHD
Landmarks; Buy; RM1.08
Price Target: RM2.45 (Prev RM3.55); LMK MK
4Q11's RM3.1m net loss was worse-than-expected, despite the year-end holiday season. More clarity given on its Treasure Bay development. Maintain Buy with revised RM2.45 TP pegged to 0.7x FY12F BV.
Source: HwangDBS Research 29 Feb 2012
Company Name: LANDMARKS BHD
| Research House: HWANGDBS | Price Call: BUY | Target Price: 2.45 |
Landmarks; Buy; RM1.08
Price Target: RM2.45 (Prev RM3.55); LMK MK
4Q11's RM3.1m net loss was worse-than-expected, despite the year-end holiday season. More clarity given on its Treasure Bay development. Maintain Buy with revised RM2.45 TP pegged to 0.7x FY12F BV.
Source: HwangDBS Research 29 Feb 2012
