[New post] CIMB: Petronas Dagangan Bhd

alanyeo posted: " 2H21F may remain tough■ 1H21 core net profit of RM272m made up 43% of our/consensus full-yearestimates, below expectations due to the ongoing travel lockdown.■ Downgrade from Add to Hold, with a slight reduction in our DDM-based TP toRM19.90 (Ke: 6.6%), " Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: Petronas Dagangan Bhd by alanyeo 2H21F may remain tough■ 1H21 core net profit of RM272m made up 43% of our/consensus full-yearestimates, below expectations due to the ongoing travel lockdown.■ Downgrade from Add to Hold, with a slight reduction in our DDM-based TP toRM19.90 (Ke: 6.6%), on account of our 24% cut to FY21F core EPS forecast.■ Despite a weak 2Q21 […] Read more of this post alanyeo | August 25, 2021 at 1:44 pm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3eS 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/2021/08/25/cimb-petronas-dagangan-bhd/ Thanks for flying with WordPress.com