$CSCSTEL / 5094 (CSC STEEL HOLDINGS BERHAD)
Research by TA Securities
Hold – Target Price RM1.21

“Driven by Strong Sales Volume”

After revising the earnings forecasts, we revised the target price from RM1.18 to RM1.21, based on 8xCY24 earnings. Maintain Hold call on the stock.

Analyst:
Chan Mun Chun
mcchan@ta.com.my