AmResearch maintains Buy on Econpile


KUALA LUMPUR: AmResearch maintains its Buy on Econpile Holdings Bhd with an unchanged fair value of RM1.50 a share, which is based on 14 times FY16F price-to-earnings (PE).

It said on Thursday the prospects remain bright with a tender book of RM1bil while margins may surprise on the upside in the coming quarters.

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