Thursday, August 20, 2009

Hwang-dbs 20/8/2009

Alam Maritim (RM1.61; Buy; Price Target: RM2.00; AMRB
MK)
Tugging in another solid quarter
• 2QFY09 result was above expectation
• Earnings were underpinned by contribution from MV
Setia Sakti and the Underwater Services division
• Maintain Buy; target price raised to RM2.00

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