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Revisions

Outlook sunny for ISOTeam

Broker's Calls

Outlook sunny for ISOTeam

Zavier Ong Published on Fri, Aug 26, 2016 / 4:30 PM GMT+8

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SINGAPORE (Aug 26): RHB has maintained its “buy” call for construction and engineering company ISOTeam, with a target price of 54 cents.

The research house expects the group to secure more contracts from the renewable energy sector, noting that the partnership between Sunseap Leasing and ISOTeam has progressed well since their initial project in 2016.

Looking ahead, the research house expects Sunseap to continue passing on more solar panel installation projects to the company, while noting that ISOTeam has a high chance of winning some local projects in Myanmar.

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