$SUPERMX / 7106 (SUPERMAX CORPORATION BERHAD)
Research by TA
BUY – TP RM0.92
"4Q24 Hit by One-off Charges”
We maintain our Buy recommendation with a TP of RM0.92/share based on 0.6x FY25 P/B. In terms of asset quality, Supermax’s cash and bank balances stood at RM1.3bn as at Jun-24, equivalent to 59.8% of market capitalisation
Analyst:
Tan Kong Jin
kjtan@ta.com.my