KUALA LUMPUR: PublicInvestment Research retained its Outperform call for LBS Bina Group Bhd with an unchanged target price of 86 sen, which is a 40% discount on fully-diluted realised net asset value (RNAV).
It said on Tuesday the lower discount vis-à-vis its peers reflected the group’s ability in quickly monetising its vast land bank despite tough conditions.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!