Translate This Page

Tuesday, May 14, 2013

Tambun Indah is RHB Research's 'top small cap pick' (BT)

RHB Research has initiated coverage on Tambun Indah Land Bhd with a "buy" rating and fair value of RM1.28 while recognising the stock as its "top small cap pick".

In a note on Thursday, RHB Research said Tambun Indah had garnered significant investor interest since its first issued non-rated note in October last year.

"Tambun Indah's Pearl City township is just 15 minutes away from the Penang Second Bridge. This is a growing township as it is just 50 per cent developed, with a remaining land bank of 242.81ha," it added.

RHB Research said despite the 57 per cent share price appreciation since its first report in October last year, it believes the growth prospect of Tambun Indah's 242.81ha anchor landbank in Simpang Empat has yet to be fully priced in.

"The upcoming opening of the Penang Second Bridge will also provide significant economic impact in the Batu Kawan area and visibility on the mainland property market," it added.

The research house expects Tambun Indah to record an earnings growth of at least 20 per cent per annum over the next two years, as sales at Pearl City would accelerate to meet its forecast of RM450 million this year, compared with the RM400 million achieved last year. Bernama


Anonymous said...

I simply couldn't go away your website before suggesting that I really enjoyed the standard information an individual provide in your guests? Is gonna be back often to inspect new posts

Here is my homepage :: section 21 notice requiring possession

Anonymous said...

Excellent web site you have here.. It's hard to find high quality writing like yours nowadays. I honestly appreciate individuals like you! Take care!!

My webpage :: section 21 notices

Anonymous said...

Amazing blog! Do you have any suggestions for aspiring writers?
I'm planning to start my own website soon but I'm a
little lost on everything. Would you propose starting with a free platform like Wordpress or
go for a paid option? There are so many choices out there that I'm totally overwhelmed .. Any suggestions? Thanks!

Also visit my web site ... How to crack a password

Anonymous said...

Post writing is also a fun, if you be familiar with after that you can write or else it is difficult to write.

my site - free psn codes

Anonymous said...

Do you mind if I quote a few of your posts as long
as I provide credit and sources back to your webpage?
My website is in the exact same niche as yours and my users would certainly benefit from some of the information you present here.
Please let me know if this alright with you. Thank you!

Check out my webpage; DragonVale Cheats

Anonymous said...

a Bruce Lee workout includes stretching, bending, running,
dipping, kicking, jumping, traditional muscle building exercises, weight
lifting, rope skipping, medicine ball handling, etc. It’s old news that
tracking food intake could lead to losing a few pounds [2].
That way, the actual process will end up being much less frustrating and, for the majority of
people, enjoyable.

Here is my website :: Www.Akibia.De

Anonymous said...

I regard something truly interesting about your weblog so I
saved to favorites .

Review my web page ... sharecash downloader 2012

Anonymous said...

Remarkable! Its in fact amazing article, I have got much clear idea on the topic of from this paragraph.

My blog; castleville cheats

Anonymous said...

I just like the helpful info you provide for your articles.
I'll bookmark your weblog and test once more here frequently. I am fairly sure I'll be informed many new stuff right right here!
Good luck for the following!

Look at my web-site: Best TV Series Download

Anonymous said...

We're a group of volunteers and opening a new scheme in our community. Your web site offered us with valuable info to work on. You have done a formidable job and our whole community will be thankful to you.

Feel free to visit my blog - free dj software

Anonymous said...

What's up, after reading this awesome post i am also cheerful to share my familiarity here with mates.

Look into my site: youtube views

Anonymous said...

Oh my goodness! Amazing article dude! Thank you so much, However I am experiencing
troubles with your RSS. I don't know the reason why I cannot subscribe to it. Is there anybody getting identical RSS problems? Anyone who knows the answer can you kindly respond? Thanks!!

Also visit my page - mail sender

Anonymous said...

It's the best time to make some plans for the future and it is time to be happy. I've read this post and if I could I
desire to suggest you some interesting things or
advice. Perhaps you could write next articles referring to this article.
I desire to read more things about it!

Feel free to surf to my blog :: password finder

Anonymous said...

Heya i am for the primary time here. I came across this board and I to find It really
helpful & it helped me out a lot. I'm hoping to offer one thing back and aid others such as you aided me.

Here is my web-site ... free minecraft

Anonymous said...

I am regular visitor, how are you everybody? This piece of writing posted at this site is truly nice.

My web site ... psn