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HKB project pipeline look solid enough to keep their margins fat for the next few years. If the execution stay on track, this counter confirm can run quite far to 80 sen
Shares of UUE were unchanged on Friday at 54.5 sen on Friday. The stock has bounced off this year’s lows in April at the height of the Iran war fears.
Analysts remain largely bullish with three ‘buy’, one ‘hold’, and no ‘sell’ calls. The consensus is looking at upside towards 67 sen in the next 12 months, based on the average target prices of the four research houses tracked by Bloomberg.
Penang boom confirm gives ASM steady flow of projects since all these big players shifting their base here for cost efficiency. This wave of relocation is definitely the golden ticket for them to ride the uptrend and boost their order book like crazy.
That profit jump really shows they know how to scale business properly. If the management maintain this momentum, this stock could definitely be one to watch for the long haul.
