Frencken
Price target:
Maybank Kim Eng “buy” $1.20

“Buy” on quality growth and resilience

Despite the Covid–19 pandemic and US– China rivalry rattling markets in recent months, Maybank Kim Eng (MKE) analyst Gene Lih Lai has initiated a “buy” call on the technology hardware manufacturer Frencken. Quality growth and its relative insulation against geo–economic conflicts, he says, are likely to make it a good prospect for investors.

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