Friday, October 3, 2014

Affin Hwang Capital Daily Insight (LV) - 3 October 2014 - TRCB / ECONOMY / DMR / MN

Top Calls

Company Update Tropicana (BUY, maintain)

RM2.6bn property launches slate for this month

In addition to solid 9M14 property sales of RM1.2bn, Tropicana plans to launch properties worth RM2.6bn this month (focusing on Klang Valley). We expect a strong take-up for its landed offerings. We expect the sale of Canal City land by end-14 to keep net gearing below 0.6x. Maintain BUY and TP of RM1.83 based on a 50% discount to RNAV.


Other Calls

Economy ASEAN Outlook Weekly Wrap (26 Sep 2 Oct 2014)

Indonesias inflation rises, BI to decide on rates

Debt Market Research

Firmer UST, Firmer MYR, Firmer MGS?


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