Monday, February 27, 2012

CWT upgraded to 'outperform' by CIMB

Stock Name: CWT
Company Name: CWT LIMITED
Research House: CIMBPrice Call: BUYTarget Price: 1.53



CIMB in a Feb 24 research report says: "FY2011 core net profit ($56 million, +42.5% y-o-y) formed 131% of our FY2011 estimate and 119% of consensus. 4Q11 core net profit ($20.8 million, +31% q-o-q) formed 48.8% of our FY2011 forecast and 44% of consensus.

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