$TASCO / 5140 (TASCO BERHAD)
Research by Apex
Buy – TP RM1.12
“Site visit to new expanded SALC warehouse"
No change to earnings forecast at RM81.7m and RM105.1m for FY25F and FY26F respectively. Re-iterate BUY recommendation with unchanged target price of RM1.12.
Analyst:
Jayden Tan
kdtan@apexsecurities.com.my