Edgenta listed on the Main Board of Bursa Malaysia, is a member of UEM Group Berhad; one of Malaysia’s leading and well-diversified conglomerate making significant contributions as Malaysia’s preferred partner in nation building. Established since 1963, Faber following its sucessful restructuring exercise ans strategic initiatives has grown into a key player in the Facilities Management and Property Development sectors with its sights set on taking the Group to the next level of growth as a leader in Integrated Facilities Solutions provider covering ASEAN, India Sub-Continent, and Middle East.
There was a recent significant decline in Edgenta’s share price post-announcement of its quarterly results. Nevertheless, capitalizing on its recent low, one may consider potential opportunistic long trade involving this company with a possible target price at MYR3.10 and stop-loss at MYR2.29.
Analysts have an average target price of MYR3.53 for Edgenta in the near term:
Management forecasts improved financial prospects for this company:
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