IJM Corp

IJM Corp Bhd bagged another RM840mil Middle East job last week to bring its construction order book to RM5.6bil. While IJM's earnings visibility is outstanding, a de-rating on the sector by investors continued to weigh down on its share price performance.

At last Friday's close of RM6.40, the stock was down 26% for the year. It hit a high of RM9.10 on March 5.

IJM is expected to release its full-year results ended March 31 by the end of next month.