PublicInvest Research

Technical Buy - Harnlen (7501)

PublicInvest
Publish date: Mon, 14 Sep 2020, 11:22 AM
PublicInvest
0 11,251
An official blog in I3investor to publish research reports provided by PublicInvest Research team.

All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp

PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718

Description

HARNLEN's principal business segments comprise plantation and hotel & property investment.

Fundamentals

HARNLEN will remain cautious and continue to chart out various strategies, which include efforts to increase efficiency and cost rationalization to counter any negative impact that may arise in the coming years.

Source: PublicInvest Research - 14 Sept 2020

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 1 of 1 comments

alexanderzack

The Disposal of 2.12k Hec oil palm estates (183m) had been completed on 25 August 2020 which is expected to generate 90-100 m with 10 c of special dividend (+ 40 ~ 50 c of EPS for 3rd Q result November).
The crop production of FFB,CPO & PK have been increasing significantly since the month of August 2020.
The price of CPO also has been getting up from +/- 2400(July) to 2892 (today),plus with 7.9 m + of treasury shares.
Just a sharing

2020-09-15 00:09

Post a Comment