KUALA LUMPUR: Kenanga research has maintained its outperform rating on Malakoff Corp Bhd following the release of disappointing earnings results, due to the group's attractive valuation and decent dividend yield.
The research house has a target price of RM1 on the stock, which is based on 30% discount to its sum-of-parts valuation.
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!