PETALING JAYA: Construction outfit Southern Score Builders Bhd
’s (SSB) latest RM105mil data centre (DC) contract secured through 51%-owned subsidiary, SJEE Engineering Sdn Bhd, together with a pipeline of projects from related parties, will support earnings visibility.
Analysts remained positive on the stock, with Apex Securities Research and Phillip Capital Research maintaining their “buy” calls.
Apex Research has reiterated its target price (TP) of 78 sen for the stock, with Phillip Capital maintaining the TP at 74 sen.
“We continue to like SSB for its growing DC order book, coupled with robust order book visibility from existing anchor clients, including Platinum Victory and Radium Development Bhd,” Phillip Capital said.
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