PublicInvest Research

Technical Buy - Hiaptek (5072)

PublicInvest
Publish date: Mon, 14 Sep 2020, 11:22 AM
PublicInvest
0 11,315
An official blog in I3investor to publish research reports provided by PublicInvest Research team.

All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp

PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718

Description

HIAPTEK is a leading steel company in Malaysia.

Fundamentals

Under this severe and uncertain environment, HIAPTEK's strategy is to enhance operational efficiency and to contain costs to preserve profitability given a lower revenue scenario, and to safeguard its balance sheet strength and cash flow to withstand the difficult conditions and to be able to take advantage of any opportunities that may arise when the economy recovers.

Source: PublicInvest Research - 14 Sept 2020

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Be the first to like this. Showing 2 of 2 comments

DickyMe

Rubbish analysis by a leading bank!

Is the bank hard up for penny return?

18 sen to 22.5 sen. Come on 4.5 sen return???

You can do better!

2020-09-14 11:42

Michael Kwok

Come and buy SCH 12.5 cents.At best wait till before early next month.TP above 20 cents.Yup Malaysia had wrong formula to rate the value of the company.Just too low and too cautious.

2020-09-14 11:45

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