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SkyWorld’s latest land in Mont Kiara buy offers rich potential while Phillip Capital Research maintained its “buy” call on the stock with a lower target price of 84 sen
Analysts estimate the Mont Kiara project's GDV to be between RM800 million and RM900 million. Assuming a net profit margin of 12% to 15%, this could result in a net profit of RM96 million to RM135 million over the project's lifecycle.