Kandi sells MUHIBAH 2.15: Kenanga Research maintains Outperform on Muhibbah, raises target price

KUALA LUMPUR (July 19): Kenanga IB Research has maintained its Outperform rating on Muhibbah Engineering Bhd at RM2.57 with a higher target price of RM3 (from RM1,90) and said Muhibbah’s share price had so far risen by 41% since its buy call in its 3Q13 ... (more)

Date			Volume	High	Low	Close
29.8.13	-----	----	117193	2.20	2.03	2.15
28.8.13	------	----	126239	2.05	1.84	2.04
27.8.13	-------	---	69840	2.24	1.96	1.98
26.8.13	---	---	59114	2.25	2.14	2.24
23.8.13	----	--	37489	2.23	2.12	2.14
22.8.13	-----	---	73712	2.29	2.10	2.19
21.8.13	----	--	46422	2.42	2.29	2.32
20.8.13	----	--	41709	2.47	2.32	2.38
19.8.13	---	-	37346	2.56	2.44	2.49
16.8.13	--		7138	2.47	2.43	2.44
15.8.13	--		7130	2.50	2.45	2.45
14.8.13	--		23285	2.53	2.47	2.51
13.8.13	---		24358	2.52	2.43	2.50
12.8.13	-		11202	2.46	2.42	2.44
7.8.13	--		13910	2.50	2.46	2.48
6.8.13	---		21256	2.54	2.46	2.49
5.8.13	-	--	39897	2.57	2.52	2.55
2.8.13	---	---	63641	2.55	2.44	2.51
1.8.13	---	-	28317	2.45	2.34	2.42
31.7.13	----	---	78114	2.51	2.35	2.35

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Muhibbah Engineering (M) Bhd (July 19, RM2.53) Maintain outperform at RM2.49 with a revised target price of RM3.18 (from RM1.83): As highlighted in our post-roadshow note, Muhibbah offers the most attractive turnaround prospect among the smaller cap contra... (more)

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