[New post] CIMB: Kuala Lumpur Kepong

alanyeo posted: " Higher CPO price, FV gain boost 3Q profit■ KLK's 3QFY9/21 core net profit was a beat, thanks to higher CPO prices.■ We expect 4Q core net profit be weaker qoq due to lower downstream profit.■ Maintain Add with a lower TP of RM22.49 due to attractive valu" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: Kuala Lumpur Kepong by alanyeo Higher CPO price, FV gain boost 3Q profit■ KLK's 3QFY9/21 core net profit was a beat, thanks to higher CPO prices.■ We expect 4Q core net profit be weaker qoq due to lower downstream profit.■ Maintain Add with a lower TP of RM22.49 due to attractive valuations andpotential earnings upside from proposed acquisition of IJMP. Read more of this post alanyeo | August 19, 2021 at 1:23 pm | Tags: Kuala Lumpur Kepong | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-35L 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/2021/08/19/cimb-kuala-lumpur-kepong/ Thanks for flying with WordPress.com