$KMLOONG / 5027 (KIM LOONG RESOURCES BERHAD)
Research by TA
Buy – TP RM2.50
“A Good Start to the Year"
Maintain KIML as BUY with an unchanged TP of RM2.50/share based on 16x CY25 EPS. We like KIML due to its healthy balance sheet and net cash position which offers stable dividend yield of 5% - 6% per annum.
Analyst:
Angeline Chin
angelinechin@ta.com.my