Read Oxley’s full results here.
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.
