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RHB Research maintains Overweight on construction; top picks Gamuda, Protasco & HSL

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RHB Research maintains Overweight on construction; top picks Gamuda, Protasco & HSL Empty RHB Research maintains Overweight on construction; top picks Gamuda, Protasco & HSL

Post by Cals Thu 10 Apr 2014, 01:13

RHB Research maintains Overweight on construction; top picks Gamuda, Protasco & HSL
Business & Markets 2014
Written by theedgemalaysia.com   
Wednesday, 09 April 2014 07:59

KUALA LUMPUR (April 9): RHB Research has maintained its Overweight rating on the construction sector and said investors should stay invested in the sector due to its strong earnings visibility, backed largely by the RM73 billion Klang Valley MRT project that will keep players busy until 2021.

In a note Wednesday, the research house said it also sees opportunities for players in the public housing segment as well as in East Malaysia.

“Our Top Picks for the sector are Gamuda, Protasco and Hock Seng Lee,” it said.
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