|
Top Calls
|
||
|
|
||
|
Results Note � Hartalega (HOLD,
downgrade)
- Another record quarter Hartalega posted yet another record quarter- net profit up 71.6% yoy and 7.8% qoq to RM96.4m. This was in line with expectations in tandem with higher volume contribution from the ongoing commissioning of NGC plants and a more benign operating environment. We raise our 12M TP to RM7.20 based on 25x revised CY18E EPS but downgrade Hartalega to a HOLD on valuations.
|
|
Other Calls
|
||
|
|
||
|
||
|
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.