RHBInvest Research

Regional Perspectives

• Top picks that are already regional champions (CIMB, Genting, KLK and MAHB) as well as those that have the potential to become so (SP Setia, Kencana and Dialog).

Sector Call


Semiconductor:

• Equipment orders continue to weaken
• Underweight

Unisem:

• Fair value maintained atRM2.31
• Market Perform

JCY:

• Fair value maintained at RM0.64 Underperform

MPI:

• Fair value unchanged at RM5.17 Underperform
  

Notion:

• Fair value unchanged at RM1.68 Underperform
• Maintain Underweight call on the sector.

KSL:

• A value pick
• Fair value is RM2.78.
• Outperform

Evergreen:

• Outperform
• To build a new glue resin plant in Gurun, Kedah
• Fair value is RM2.57