$SIME / 4197 (SIME DARBY BERHAD)
Research by TA
Hold - TP RM2.74

"Motor Competition Heating Up"

Maintain SIME as HOLD with a revised TP of RM2.74/share, based on sum-of-parts (SOP) valuation.

Analyst:
Angeline Chin
angelinechin@ta.com.my