KUALA LUMPUR: RHB Research has maintained its Buy call on Dialog with a fair value of RM4.12 and lowers its FY14/FY15 earnings estimates by 8.6%/5.7% respectively, taking into account overall lower estimated contribution from Pengerang.
In a note on Friday, the research house said Dialog’s 9MFY14 core net profit of RM142mil was below expectations, as Pengerang Phase 1A only started its commercial operations in 4QFY14.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!