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I believe Ranhill has acquired 2 valuable assets that fit the company’s profile. I will watch this space closely on how Ranhill to unlock the values. When Malaysia reaches its herd immunity, recovery play like Ranhill should surprise the market on the upside. Hence, I said Ranhill is underated now.
The acquisitions are earnings accretive besides the potential growth could be accrued from the synergies from the businesses. It will be an attractive business proposition and offers good growth opportunities for the Ranhill in the long term. Guess now is underrated, might be a good time to acquire and hold for mid-long term
yes zhi Juan, thats why always enter a stock when its low and this company has fundamental. and the acqusition just completed. will see more revenue coming in and better margins too for next quarter.
