PublicInvest Research

Technical Buy - CABINET (0191)

PublicInvest
Publish date: Mon, 05 Feb 2024, 10:05 AM
PublicInvest
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An official blog in I3investor to publish research reports provided by PublicInvest Research team.

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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

CABNET provides wide range of solutions for structured cabling, extra low voltage (ELV) systems and information technology services to the Malaysian market and is well-known for the professionalism in the industry.

Fundamentals

CABNET is maintaining a positive view of the group's performance for FY24, considering that the order book on hand remained strong as of 3QFY24, reported at approximately RM153m.

Source: PublicInvest Research - 5 Feb 2024

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