News
Orders for wood product exports soar
15/03/2019
Malaysia: CSC FY19-21 likely to gain from anti-dumping duties on GI products
15/03/2019
Maintain sell with an unchanged target price (TP) of 83 sen: The Ministry of International Trade and Industry’s (Miti) decision to impose anti-dumping duties on imports of galvanised iron (GI) products at up to 16.13% is positive news for the domestic GI market. That said, the benefit to the domestic market and CSC Steel Holdings’ GI sales could be minimal. We make no changes to our forecasts and maintain our “sell” call at an unchanged TP of 83 sen based on financial year ending 2019 (FY19) price-earnings-ratio (PER) of 9.5 times (five-year mean).
Australia lifts duty on Thai pineapples
15/03/2019
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