$APEX / 5088 (APEX EQUITY HOLDINGS BERHAD)
Research by TA
Buy - TP RM1.35
"1H Profit Driven by Brokerage and Moneylending"
Tagging a 30% discount to the sector's average P/E ratio of 22x, we maintain AEHB's TP at RM1.35. BUY maintained on the stock, at this juncture.
Analyst:
Li Hsia Wong
liwong@ta.com.my