DIALOG Group Bhd (7277), an integrated oil and gas services provider, is expected to chart substantial growth in the financial year 2011 (FY11) when associate earnings from its Tanjung Langsat tank terminal project starts to kick in, said Affin Investment Bank.
The local research firm expects Dialog Group to register an earnings growth of 8 per cent and 5 per cent for FY09 and FY10 respectively, against a high of 54 per cent in FY08.
Affin Investment has initiated coverage on Dialog Group with an "add" rating and a target price of RM1.05.
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