Pentamaster Seen Trading At An Attractive Valuation

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Pentamaster Seen Trading At An Attractive Valuation - Business Today

Quick Summary:

RHB Investment Bank Bhd (RHB Research) has maintained its BUY call on Pentamaster Corp Bhd with a lower target price of RM3.72 from RM4.17, projecting a potential upside of 38% and a yield of approximately 2%.

However, the research house projects flat to marginal growth for FY25, citing a subdued market outlook.

The house also noted that Pentamaster’s increased stake in Pentamaster International (now 71%) will be fully reflected in the upcoming quarter’s earnings.Kerjaya Wins RM75.