[New post] CIMB: NetJoy

alanyeo posted: " Strong 1H21 results but below expectations■ Netjoy reported its 1H21 results, which were below our expectations.■ We lowered our revenue forecasts, considering potential regulation headwinds and a lower rebate rate. We lowered our net profit forecasts af" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: NetJoy by alanyeo Strong 1H21 results but below expectations■ Netjoy reported its 1H21 results, which were below our expectations.■ We lowered our revenue forecasts, considering potential regulation headwinds and a lower rebate rate. We lowered our net profit forecasts after factoring in the higher cost of sales and OPEX.■ We maintain our ADD rating for Netjoy with a […] Read more of this post alanyeo | August 27, 2021 at 2:02 pm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3lm 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/2021/08/27/cimb-netjoy/ Thanks for flying with WordPress.com