$POHUAT / 7088 (POH HUAT RESOURCES HOLDINGS BERHAD)
Research by TA
Hold – Target Price RM1.33

“Still Suffering from the Soft Demand in the US”

No change to our target price of RM1.33, based on unchanged 8x CY24 EPS. Maintain Hold call on POHUAT. The robust balance sheet with a strong cash pile will help the group to sail through all the near-term headwinds.

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