Pantech remains an analysts’ favourite


  • Business
  • Wednesday, 07 May 2008

PETALING JAYA: Analysts continue to favour Pantech Group Holdings Bhd for the stock's attractive valuation, robust earnings growth potential and its role as proxy to the upstream and downstream oil and gas (O&G) construction upcycle.

Kenanga Research, in its latest report, said Pantech's net profit and earnings before interest and tax (ebit) for the financial year ended Feb 29 (FY08) came in 15% and 14% respectively above its forecast.

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