In addition, the company is seen to announce more orders in the near term to the tune of $20 to $30 million, as a continuation of the pick-up in the pace of order wins. ISOTeam's announced order book, as at Feb 11, was $176.2 million.
And of course, investors will be paying close attention to how ISOTeam can start deploying drones for painting works. The company, the only painting contractor with this plan in the pipeline, will begin with a pilot deployment in March. "We believe this will re-rate ISOTeam significantly if it can deliver these solutions," says Seet.
The company recently reported 1HFY2026 earnings of $3.3 million, a 70% jump y-o-y, which helps support the analyst's expectation that ISOTeam will report a "stronger" FY2026.
Also, the company is likely to divest non-core assets worth between $7 and 10 million. Seet expects a portion of the proceeds from the sales could be used to reward shareholders with special dividends or higher ordinary dividends.
See also: Analysts remain cautious on UOB despite credit costs normalising
ISOTeam shares changed hands at 9.1 cents.
