Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
DC tender decision approaching, RM1.9b visibility, premium client relationships, insider buying earlier this year. Probably the cleanest construction mid-cap story on Bursa right now.
Quality of order book matters as much as size. INTA's recurring client roster includes Eco World, Gamuda Land, Sime Darby Property, Tropicana, top-tier Malaysian developers. Recurring contracts mean lower business development cost, faster mobilization, better margin negotiation power.
Order book to revenue ratio is the key metric for construction stocks. INTA's RM1.9b unbilled OB = 2.9x FY25 revenue. That is some of the best earnings visibility among small-mid cap construction names on Bursa.