Syed Feizal: 4Q is a lot brighter and we are optimistic of getting back in the black for the full year.
IT wasn’t too long ago that MIDF Research had a target price of RM4.48 per share for MSM Holdings Bhd. That was in April 2024, when it was trading around RM3.30.
MIDF’s bullishness was based on several factors, including rectifying equipment problems at MSM’s Johor plant, which had hit the pause button.
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