UOB Kay Hian Research keeps Dialog defensive Buy

TheStar Wed, May 27, 2020 11:47am - 3 years View Original


UOB Kay Hian Malaysia Research keeps Dialog as a defensive buy as it still sees value in Dialog Group Bhd as it is the only listed proxy to storage.

KUALA LUMPUR: UOB Kay Hian Malaysia Research keeps Dialog as a defensive buy as it still sees value in Dialog Group Bhd as it is the only listed proxy to storage.

The research house said on Wednesday it also likes Serba Dinamik, which is Dialog’s peer in O&M maintenance business.

“Although we retain Hold on YINSON, if the second Brazil FPSO (PDB) is awarded without delay, our target price could be upgraded to RM6.46.

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