$PANTECH / 5125 (PANTECH GROUP HOLDINGS BERHAD)
Research by TA
Buy – TP RM1.27

“No Surprises in 1QFY25"

Reiterate Buy with a higher TP of RM1.27/share pegged to 10x CY25 EPS as we incorporate an ESG Premium of 3%. PANTECH presents as an attractive dividend play, offering more than 5.0% dividend yield for FY25- FY27, supported by free cash flow yield of above 10%.

Analyst:
Ong Tze Hern
thong@ta.com.my