KUALA LUMPUR (March 20): RHB Research Institute is maintaining its market perform recommendation of HELP International, fair value of RM1.80.
It said on Tuesday it was positive on the company’s move to establish an IT Industry Advisory Board (IAB) to ensure the greater relevance in its curriculum and to widen its students’ exposure to internships, research and other projects. The board will consist of industry members and HELP academicians.
RHB Research said currently only about 2%, that is 200 students of HELP’s 11,000 total student population are undertaking HELP’s IT courses.
According to a study by the Multimedia Development Corp, the demand for IT graduates had increased by 18.6% over the two-year study, while supply only rose by 2.6%.
“With the fees for HELP’s IT courses averaging about RM25,000 per course, we believe that the increased awareness for the IT industry and courses could have a positive impact on HELP’s longer-term topline and bottomline. No changes to our earnings forecasts at this juncture,” it said.
It said on Tuesday it was positive on the company’s move to establish an IT Industry Advisory Board (IAB) to ensure the greater relevance in its curriculum and to widen its students’ exposure to internships, research and other projects. The board will consist of industry members and HELP academicians.
RHB Research said currently only about 2%, that is 200 students of HELP’s 11,000 total student population are undertaking HELP’s IT courses.
According to a study by the Multimedia Development Corp, the demand for IT graduates had increased by 18.6% over the two-year study, while supply only rose by 2.6%.
“With the fees for HELP’s IT courses averaging about RM25,000 per course, we believe that the increased awareness for the IT industry and courses could have a positive impact on HELP’s longer-term topline and bottomline. No changes to our earnings forecasts at this juncture,” it said.
