PETALING JAYA: Hong Leong Investment Bank (HLIB) Research has maintained its “buy” call on Internet of Things company SMRT Holdings Bhd
, saying that its management expects site deployment numbers in the upcoming quarter (ending March 31) to be similar to, if not surpass, those of the quarter ended Dec 31.
In a report to clients, the research house said this optimism is driven by strong deployment schedules, with Tenaga Nasional Bhd’s (TNB) site deployment expected to remain steady, while a faster pace is anticipated from Air Selangor.
