[New post] CIMB: Genting Plantations

alanyeo posted: " Sell-down over ESG risks overdone■ GENP's 1H21 results above due to higher CPO price and downstream profit.■ We project the group to record sequential higher profit in 3Q21F, thanks toseasonally higher output and firm CPO price.■ We raise our FY21-23F ea" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: Genting Plantations by alanyeo Sell-down over ESG risks overdone■ GENP's 1H21 results above due to higher CPO price and downstream profit.■ We project the group to record sequential higher profit in 3Q21F, thanks toseasonally higher output and firm CPO price.■ We raise our FY21-23F earnings forecasts by 4-15% and lower our TP toRM9.31. Sharp dip in share price on […] Read more of this post alanyeo | August 26, 2021 at 11:19 am | Tags: Genting Plantations | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3hi 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/2021/08/26/cimb-genting-plantations/ Thanks for flying with WordPress.com