SapuraKencana on a roll, gets nod from analysts


KUALA LUMPUR: News that SapuraKencana had won a RM576mil contract for engineering, procurement, construction, installation and commissioning (EPCIC) job from Trans Thai-Malaysia (Malaysia) Sdn Bhd has seen it continue to be a firm favourite with analysts.

AmResearch is maintaining its Buy call with a fair valuation of RM4.65, 60 sen over the current trading price of around RM4.02; Hong Leong Investment is more optimistic, setting target price at RM4.74 – unchanged from its previous call, while MIDF Research has it at RM4.86.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
SapuraKencana , analyst , buy

Others Also Read