YTL Corp share price attractive for HSR play

YTL Corp’s share price is at attractive levels for the High Speed Rail (HSR) play as the 32% fall in share price year-to-date presents an attractive re-entry point to position for a potential favourable outcome for the project at end-2020, CGS-CIMB Research said.

KUALA LUMPUR: YTL Corp’s share price is at attractive levels for the High Speed Rail (HSR) play as the 32% fall in share price year-to-date presents an attractive re-entry point to position for a potential favourable outcome for the project at end-2020, CGS-CIMB Research said.

It said on Tuesday it expected YTL to emerge as a contender as it was among the earlier beneficiaries of the cancelled HSR award in 2018.