KUALA LUMPUR: RHB Research has initiated coverage on MR DIY Group Bhd with a "buy" as it expects its valuation to undergo a further rerating on a scarcity premium and potential inclusion in benchmark indexes.
The research house forecasts FY20-22 net store additions of 130 175 and 175 inclusive of new store brands in Mr Dollar and Mr TOY.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
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!