2nd Annual Alembic Global Advisors Chemical Conference – February 29 – March 2nd, 2012 – Deer Valley, UT
Please contact Stephen Matthews for more information. Stephen.matthews@alembicglobal.com
SABIC – Stage set for a monster Q1; reiterate Overweight
· Q1’10 net income could exceed SAR6bn on the back of strong pricing gains
· Valuation remains compelling despite recent share price rally, in our view
· We rate SABIC shares Overweight with a SAR110 target price
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