AmInvest Research retains buy on Perak Transit, FV RM1.21 - News Summed Up

AmInvest Research retains buy on Perak Transit, FV RM1.21


AmInvest Research was positive on the outlook for Perak Transit after a recent meeting. Secondly, apart from its bread-and-butter “develop-own-operate” (DOO) business model (of which it has two projects in the pipeline, i.e. the Bidor and Tronoh terminals, at present), Perak Transit also sees tremendous potential in the “terminal management contract” (TMC) business model. Under the TMC model, Perak Transit provides largely expertise and assistance in managing third-party bus terminals (with some investment in upgrading and renovation). AmInvest Research said Perak Transit guided for four to five such contracts in FY21F.


Source: The Star May 04, 2021 03:58 UTC



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