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RHB retains ‘buy’ call on Dialog

KUALA LUMPUR: RHB Research reiterates its ‘buy’ on Dialog Group, with a sum-of-parts derived target price of RM4. This is 17% above the stock’s closing price of RM3.43 on Monday.Dialog’s Q1 net profit ended Sept 30,2019 rose 19% year-on-year (y-o-y), largely led by the full contribution from Pengerang Terminals (Two) (PT2SB) and higher maintenance work orders from the master service agreement (MSA).