Taliworks to outperform on strong cash flow, possible Langkawi concession extension

KUALA LUMPUR: Taliworks Corp Bhd's strong recurrent cash flow is expected to help the counter outperform in the current volatile and low interest rate environment, boosted further by a possible extension in its Langkawi concession.

According to Affin Hwang Capital research, the company's forecast net dividend payout of 6.6 sen per share in 2020 to 2022 give it an attractive net yield of 7.9%.