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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jvcpcv55
26 posts
Posted by jvcpcv55 > 2021-12-04 04:07 | Report Abuse
Maintain BUY with unchanged TP of RM4.80 based on average 5-yr low P/B of 3.1x and BV/share of RM1.55. Following the results, we changed our FY22/23 earnings forecast to RM1.24bn and RM1.20b respectively from RM1.39bn and RM1.03bn previously as we revisit our assumptions on ASP of palm products, margins, cost and expenses including tax and levy.