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All-time low share price an opportunity to accumulate this 'stable and resilient' stock, says RHB

Uma Devi
Uma Devi • 3 min read
All-time low share price an opportunity to accumulate this 'stable and resilient' stock, says RHB
Although this stock’s share price has dived some 24% year-to-date, RHB Group Research says that there is no reason to panic, but instead an opportunity to accumulate.
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SINGAPORE (Mar 16): The share prices of most companies have sank in tandem with the Covid-19 outbreak, and this could well be a concern for investors.

Although this stock’s share price has dived some 24% year-to-date, RHB Group Research says that there is no reason to panic, but instead an opportunity to accumulate.

RHB analyst Jarick Seet says that plastic components manufacturer Fu Yu Corp is still a “top pick” for the brokerage, due to its sustainable margins and net cash position.

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