$YTL (4677.MY)$ Maybank KE reiterate BUY with an unchanged S...

bullrider_21 commented on a stock · Dec 6, 2024 12:16

Maybank KE reiterate BUY with an unchanged SOP-based TP of MYR4.70.

A visit to YTL's Kulai site on 3 Dec reaffirms the commendable progress achieved thus far with regards to data centre construction. They continue to view YTL's risk-reward favourably.

Potential re-rating catalysts include 1) affirmation of Wessex's recovery over the medium-term, and 2) positive progress on its AI compute business.

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