KUALA LUMPUR: AmInvestment Bank research has initiated coverage on Crest Builder Holdings with a buy recommendation and a fair value of RM1.83.
"The stock is currently trading at an undemanding forward PER of 4.6x–6.4x for FY20–FY22. This offers a potential upside of more than 100% and a dividend yield of 4.5%," it said.
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