$OCK / 0172 (OCK GROUP BERHAD)
Research by Kenanga
Outperform - TP RM0.86
"Riding on Digital Wave"
The key competitive advantage of OCK’s new digital business lies in its capacity to offer end-to-end services, including connectivity solutions. This is possible by leveraging on the group’s existing resources, such as engineering manpower. Currently, it is mainly tendering for smart city solutions from state governments. We maintain our forecasts, TP of RM0.86 and OUTPERFORM call.
Analyst:
Kylie Chan Sze Zan
kyliechan@kenanga.com.my