KUALA LUMPUR: Kenanga Research is keeping the gaming sector on Overweight, and has given the Outperform call on all the gaming stocks under its coverage, saying it does not expect changes in gaming tax in the upcoming budget.
Magnum Bhd
remains the research house’s top pick for “its compelling valuation and yield play”, with the target price set at RM3.89. Genting Malaysia Bhd, valued at RM4.39, is the preferred casino pick for its resilient earnings.
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