TA Securities values ACE Market-bound Sin-Kung at 16.5 sen

KUALA LUMPUR: TA Securities Research has valued ACE Market-bound Sin-Kung Logistics Bhd at 16.5 sen, equivalent to 14 times its earnings per share (EPS) for the 2025 financial year (FY25).

“We attach a premium on Sin-Kung’s valuation as we are bullish on the prospect of eCommerce in the future. We also like Sin Kung for its market leader position in the airport-to-airport trucking services and its earnings quality with superior margins,” TA said in a report.