$SCOMNET / 0001 (SUPERCOMNET TECHNOLOGIES BERHAD)
Research by Malacca
Cease Coverage

“Edwards May Disappoint"

Reallocating resources and cease coverage. Despite the positive outlook on SCOMNET, we terminate our coverage on SCOMNET due to a reallocation of resource. Our last rating on the stock was a HOLD with a target price of RM1.52, pegged to a P/E of 38.0x on our FY24f diluted EPS of 3.99 sen.

Analyst:
Loui Low
louilow@msec.com.my