PublicInvest Research
TECHNICAL BUY: HARBOUR (2062)
PublicInvest
Publish date: Mon, 14 Oct 2024, 09:40 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
HARBOUR has established itself as a leading shipping, marine and integrated logistics provider, as well as an engineering and construction contractor for the oil and gas, and power industries both locally and regionally.
Fundamentals
Container shipping freight rates and utilisation are expected to see a slight recovery in 2H CY24 due to the festive seasons. All activities in the logistics services division remain positive and steady.
Source: PublicInvest Research - 14 Oct 2024
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