LSH Capital
Pricing in the margin pressure
LSH is only trading at implied single digit PER.
Construction
LSH Capital
2QFY26 - Property blip drives miss
Property segment decelerated as LSH Segar nears completion.
GAM
Aussie diesel cost risks are overlooked
The RM7.3bn Sydney Metro West Stations Package West has no cost pass-through.
LSH Capital
Crossing RM1bn orderbook
LSH is leveraging collaboration agreements to add RM600m to its order book.
LSH Capital
4QFY25 - Meeting Expectations
LSH continues to build a track record of sustained high-margin construction earnings.
LSH Capital
Rapid Scale-Up on High Margins
In a sector with arguably elevated valuations, we foresee LSH distinguishing itself with a combination of robust orderbook growth and sector-leading margins.