Broker: UOB Kay Hian
Date of Report: 06 April 2026
Excerpt from UOB Kay Hian report.
Report Summary
- Actionable BUY Calls & Target Prices:
- Gamuda (GAM MK): BUY. Target Price: RM5.25. Key catalyst: Record-high orderbook, robust job wins, discounted valuations.
- Hap Seng Plantations (HAPL MK): BUY. Target Price: RM2.45. Strong earnings growth anticipated from elevated CPO prices and robust production.
- Lagenda Properties (LAGENDA MK): BUY. Target Price: RM1.88. Attractive dividend yield (6-7%), accelerating earnings from strong sales momentum.
- MISC (MISC MK): BUY. Target Price: RM8.70. Beneficiary of spike in crude tanker rates, asset value appreciation.
- Oriental Kopi (KOPI MK): BUY. Target Price: RM1.40. Regional expansion and FMCG export scaling expected to drive earnings growth.
- Oxford Innotech (OXB MK): BUY. Target Price: RM0.40. Data centre contracts and semiconductor customer growth underpin earnings.
- Pekat Group (PEKAT MK): BUY. Target Price: RM2.00. Robust orderbook and mainboard listing prospects, earnings visibility.
- RHB Bank (RHBBANK MK): BUY. Target Price: RM9.10. Lower credit cost, strong non-interest income, high dividend yield (7%).
- Tenaga Nasional (TNB MK): BUY. Target Price: RM16.30. Strong cash flow, capex-driven growth, dividend payout potential.
- Yinson Holdings (YNS MK): BUY. Target Price: RM2.75. FPSO project delivery, lean debt schedule, privatisation/IPO catalyst.
- Strategy: Barbell approach – anchor portfolio with stocks having strong domestic earnings visibility, selectively accumulating discounted names with rebound potential, and positioning in beneficiaries of elevated oil prices and sector leaders.
Key Takeaway: Focus on the above actionable BUY calls with specific target prices and catalysts for each stock.
above is an excerpt from a report by UOB Kay Hian. Clients of UOB Kay Hian can be the first to access the full report from the UOB Kay Hian website : https://research-api.uobkayhian.com/assets/disclaimer/df64a6ea-7980-447c-ae9e-fd19b93257dc
