Stock Name: Armstrong
Company Name: ARMSTRONG INDUSTRIAL CORP LTD
Target S$0.32
The positive outlook on the recovery of the HDD sector and the growth potential of its automotive segment in China has set Armstrong on the path to recovery after being hit by the Thai floods. However, we believe most of the positives are priced-in for now.
Source: CIMB Day Break 28 February 2012, PDF Report
Company Name: ARMSTRONG INDUSTRIAL CORP LTD
| Research House: CIMB | Price Call: HOLD | Target Price: 0.32 |
Target S$0.32
The positive outlook on the recovery of the HDD sector and the growth potential of its automotive segment in China has set Armstrong on the path to recovery after being hit by the Thai floods. However, we believe most of the positives are priced-in for now.
Source: CIMB Day Break 28 February 2012, PDF Report
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