"Dampeners to its immediate growth visibility include an 11% lower orderbook in FY2025 ended June vs FY2024, slower pace of revenue recognition, moderating construction GDP growth, and slow commercialisation of its drone technology," says Yeo.
Alfie Yeo of RHB Bank Singapore has held his "neutral" call and 7.8 cents target price on ISOTeam, as he awaits better valuation and earnings performance.
Yeo, in his Nov 27 note, cautions that shareholders face a 12% earnings per share dilution following a recent round of fund-raising.
