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Oxley set to enjoy 'fruits of its labour' for next few years: RHB

Felicia Tan
Felicia Tan2/19/2021 11:33 AM GMT+08  • 2 min read
Oxley set to enjoy 'fruits of its labour' for next few years: RHB
RHB Group Research analyst Jarick Seet has maintained "buy" on Oxley with a target price of 27 cents.
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RHB Group Research analyst Jarick Seet is maintaining his “buy” recommendation on Oxley Holdings with a lower target price of 27 cents from 29 cents previously, implying a 5% yield for the FY2021.

The way he sees it, things are looking up for the property development group as it reported a 117% y-o-y surge in PATMI of $34.1 million for the 1HFY2021 ended December.

Read Oxley’s full results here.

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