AZRB worth double its value: CIMB Research

KUALA LUMPUR: CIMB Equities Research estimates Ahmad Zaki Resources Bhd (AZRB), with its last traded price at 72 sen, is worth double its value today.

“The share price is a big laggard when compared to the share prices of other small-cap contractors or other small-cap stocks in general, which have surged or even doubled year-to-date,” it said on Monday.