Binastra tipped for 21pct earnings growth, gets "Buy" call
Photo: New Straits Times
KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) has initiated coverage on Binastra Corp Bhd with a "Buy" call and a target price of RM3.40.
From the original report
The firm forecasted a three-year forward earnings compound annual growth rate of 21 per cent for the company, assuming annual job wins of RM2.5 billion.
"In our view, Binastra's net cash balance sheet position also gives it the valuable option to raise its dividend payout ratio from more than 50 per cent currently," it said in a note.
…
This is a brief of a report by another newsroom. The excerpt below is from the original.
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About this story
- Source
- New Straits Times
- Originally published
- Oct 25, 2026
- Updated here
- Oct 25, 2026
- Produced by
- Malaysia Times desk (brief) — reporting by the source
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