[New post] DBS: Kossan Rubber Industries

alanyeo posted: " Investment Thesis:Solid quarter. Kossan Rubber Industries (KRI) recorded 2QFY21 net profit of RM1.1bn (+712.5% y-o-y; +2.2% q-o-q). Average selling prices (ASPs) continued to increase in the quarter as the group was a laggard in terms of raising prices. " Respond to this post by replying above this line New post on Alpha Edge Investing DBS: Kossan Rubber Industries by alanyeo Investment Thesis:Solid quarter. Kossan Rubber Industries (KRI) recorded 2QFY21 net profit of RM1.1bn (+712.5% y-o-y; +2.2% q-o-q). Average selling prices (ASPs) continued to increase in the quarter as the group was a laggard in terms of raising prices. Undemanding valuations. Valuations are attractive at 5.7x FY22 EPS, despite our expectations of softer ASPs from 2HFY21 […] Read more of this post alanyeo | July 29, 2021 at 12:28 pm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-2di Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/07/29/dbs-kossan-rubber-industries/ Thanks for flying with WordPress.com