By mystock
UEM Land - 2Q09 results preview: A lacklustre performance in 2009
We expect 2Q09 net profit to improve qoq, mainly contributed by improved residential property sales. We expect lower 2009 earnings mainly due to lower land sales. Accumulate on weakness as share price softens. HOLD.Earnings mainly contributed by improved residential property sales. 2Q09 net profit could...
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