Analysis: Upbeat on Press Metal on long-term prospects
KUCHING (Sept 5): RHB Investment Bank Bhd (RHB Research) remains encouraged on Press Metal Bhd (Press Metal) and its sector’s mid- to long-term earnings prospects, staying positive on its outlook for aluminium. RHB’s positive outlook on aluminium is primarily driven by the ongoing rise in average selling prices (ASPs), and ‘green push’ towards electric vehicles [...]
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