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continue to buy when price is cheap as the analyst expect the company to get contract 80mil for FY27 and FY28, so in near term the earning is well supported
RHB Research values SLGC Berhad at a target P/E of 10.5x FY27F earnings, yielding a fair value (FV) of RM0.40 against its RM0.28 IPO price (an implied 11.2x P/E on IPO financials)
skywld aimed to evolve from a Malaysia-based city developer into one of Southeast Asia's top 30 property developers, while targeting cumulative profit after tax of RM1.0 billion for FY27-31