PETALING JAYA: Construction outfit GDB Holdings Bhd
is expected to enter the peak revenue recognition phase for its three ongoing projects valued at RM1.2bil for this year (FY25).
Apex Securities Research recently initiated coverage on the stock with a “buy” recommendation and target price of 58 sen, an eight times price-earnings multiple to the group’s forecast FY26 earnings-per-share of 7.2 sen.
