KUALA LUMPUR: AmResearch is maintaining its Buy call on Bumi Armada
with an unchanged sum-of-parts based fair value of RM5.15 a share.
It said on Monday this at RM5.15, this implied a FY14F price-to-earnings (PE) of 23 times, which is a 15% premium to oil & gas stocks with market valuations above RM1bil.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
