“Yinson is our key O&G pick for its comprehensive business model, orderbook visibility, resilient earnings and management acumen to weather prevailing oil price volatility, ” Maybank IB Research said.
KUALA LUMPUR: Maybank Investment Bank Research is retaining its Buy call on Yinson
and its sum-of-parts based target price of RM7.20 after it results for the financial year ended Jan 31,2020 came in within its expectation but below consensus.
It said on Thursday its earnings estimates were unchanged as it expects a stronger FY1/21 performance (+70% YoY).
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