#3 Gamuda Bhd KENAGA Research has maintained its OUTPERFORM rating on the company with a target price of RM 4.17. The continued positive sentiments are a result of “outstanding order-book standing at RM5.5b, mainly
comprising KVMRT2 (RM3.4b or 62% of outstanding order-book) which would continue to drive construction earnings till early FY22. Meanwhile, its order-book is poised to be bumped up by RM5b (from PSR land reclamation works) once the JV agreements between Penang State and SRS consortium are finalized.” In addition, ” Gamuda is in a dominant position in the construction space in Malaysia which is poised to benefit from any pump-priming initiatives.” >> Read more about the company here. #4 Dialog Group Berhad AmInvestment Bank has maintained with a BUY rating on the stock with a target price of RM 4.80. The positivity of the analysts comes from “Dialog’s strong execution capability. It is
demonstrated by Phase 3A being