CGS-CIMB Research ups Dialog target price to RM5.23


It was reported that Dialog will invest RM100mil to expand its Langsat terminals by a further 85,000 cubic metres (cbm) of clean petroleum tanks, on top of the existing 767,000 cbm capacity that has been fully leased out

PETALING JAYA: Dialog Group Bhd’s RM100mil investment to expand its Langsat tank terminal capacity, which was faster than CGS-CIMB Equities Research’s forecast, has prompted the research house to maintain its “add” call on the counter with a sum-of-parts target price of RM5.23.

The stock last traded at RM3.73.

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Dialog Group , Langsat terminal , expansion , tank , CGS-CIMB ,

   

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