[New post] CIMB: Petronas Chemicals Group

alanyeo posted: " Record 2Q21 may continue into 3Q21F■ 1H21 core net profit of RM3.3bn outperformed, at 77% of our/consensus' fullyear forecast, due to better-than-expected selling prices and utilisation rates.■ We reiterate Add, raise our FY21F core EPS forecast by 40%, " Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: Petronas Chemicals Group by alanyeo Record 2Q21 may continue into 3Q21F■ 1H21 core net profit of RM3.3bn outperformed, at 77% of our/consensus' fullyear forecast, due to better-than-expected selling prices and utilisation rates.■ We reiterate Add, raise our FY21F core EPS forecast by 40%, and lift TP toRM9.50, based on a CY22F EV/EBITDA of 9.5x (+1 s.d. above mean).■ The earnings […] Read more of this post alanyeo | August 26, 2021 at 11:21 am | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3hr 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-petronas-chemicals-group/ Thanks for flying with WordPress.com