Kenanga Research raises United U-Li target price to RM1.45


LRT 3 construction along the NKVE

KUALA LUMPUR: Kenanga Investment Bank Research has raised the target price of United U-Li Corporation Bhd from 85 sen to RM1.45 while maintaining its Outperform outlook.

The research house said on Tuesday after a meeting with its management recently, it believes Uli Corp is expected to do well as the fierce competition since FY17 has abated while mega construction projects are gradually picking up pace.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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