AmResearch maintains buy on Econpile, more jobs ahead


KUALA LUMPUR: AmResearch has maintained its Buy call on Econpile Holdings Bhd with a fair value of RM1.28 a share – pegged to a PE of 15 times FY15F EPS.

"Econpile recorded a net profit of RM31mil for FY14, an 11% rise from RM28mil last year. This was in line with our expectations," the research house said in a note on Friday.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Others Also Read