HLIB Keeps Buy on SkyWorld Despite Weak FY27 Start, Cites Record Unbilled Sales
Hong Leong Investment Bank has maintained its Buy call on SkyWorld Development with a target price of RM0.90, despite a weaker-than-expected start to the company's fiscal year 2027. The research house points to a record RM1.13 billion in unbilled sales as providing strong earnings visibility for the property developer.