Tuesday, February 22, 2011

KSH Holdings rated 'buy' by DMG

Stock Name: KSH Hldg
Company Name: KSH HOLDINGS LIMITED
Research House: DMG

DMG & Partners Securities in a Feb 17 research report says: "KSH's earnings were up 58.9% y-o-y, reaching $8.1 million, mainly attributable to cost savings and variation orders from a completed project. 3QFY11 revenue however, was down 24.4% y-o-y to $61.3 million, on the back of a decline in construction revenue.

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