Osim

Osim: SCB reiterate Outperform rating on OSIM International with a new price target of $2.02 (vs $1.70 earlier), offering 32% potential upside. Grp is house top pick among ASEAN Emerging Companies Believe investors have overlooked OSIMs robust cash flow, with the stock priced for ex growth based on DCF. OSIM trades at 12x 2013E PER with a 3% yield.