Kimlun’s price weakness offers buying chance

The counter has been upgraded to a “buy” from a “neutral” with an unchanged target price of 89 sen by RHB Research despite the company’s below-expectation first-half results.

PETALING JAYA: Kimlun Corp Bhd’s recent share price weakness may present a buying opportunity, especially with the recent relaxation of nationwide lockdowns.

The counter has been upgraded to a “buy” from a “neutral” with an unchanged target price of 89 sen by RHB Research despite the company’s below-expectation first-half results.