PublicInvest Research
Technical Buy - AJIYA (7609)
PublicInvest
Publish date: Mon, 02 Aug 2021, 10:13 AM
PublicInvest
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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
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
AJIYA is principally involved in the manufacturing and supply of building materials for the construction industry.
Fundamentals
As Malaysia is set for recovery from the COVID-19 pandemic and gradual normalisation, the group should intensely monitor and strive to increase the market share for its products. Nonetheless, the shortage and delay in raw materials supplies should post a challenge to the group for the coming quarters.
Source: PublicInvest Research - 2 Aug 2021
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