PETALING JAYA: The outlook for Malakoff Bhd looks positive, given its improving earnings profile, potential beneficiary of strong growth in the national renewable energy capacity and decent dividend yields.
CGS-CIMB Research said it has revised its sum-of-parts target price for Malakoff to 98 sen post-earnings revisions and factoring in the higher risk-free rate to 4.5% against 3.5% previously.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!