KUALA LUMPUR: AmInvestment Bank Research believes Pentamaster Corp Bhd
is overvalued given the stock is currently trading at 39x price-earnings following a recent run-up in share price.
"We maintain our underweight recommendation on Pentamaster Corporation with an unchanged fair value of RM3.21/share, pegged to an FY21F PE of 23x," it said.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
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!
