TA Securities remains positive on SkyWorld’s near-term outlook. The 2QFY26 results show the group’s recovery is on track, supported by rising unbilled sales, a strong launch pipeline, and faster progress billings, which should boost earnings in 2HFY26. Medium-term drivers like the PPVC facility and Vietnam projects support growth and margins. They maintain a Buy call with a target price of RM0.70/share.