[New post] CIMB: Sino-Ocean Group

alanyeo posted: " Distressed valuation with lacklustre growth■ Sino-Ocean's (SO) core net profit fell 14% yoy in 1H21 with an interim DPScut – we think this has disappointed investors.■ We think there is risk for SO to miss its contracted sales target for FY21Fgiven its l" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: Sino-Ocean Group by alanyeo Distressed valuation with lacklustre growth■ Sino-Ocean's (SO) core net profit fell 14% yoy in 1H21 with an interim DPScut – we think this has disappointed investors.■ We think there is risk for SO to miss its contracted sales target for FY21Fgiven its low sales run-rate and tighter credit in China.■ A turnaround in its GPM […] Read more of this post This post is ad-supported ​ alanyeo | September 2, 2021 at 3:24 pm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3wW 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/2021/09/02/cimb-sino-ocean-group/ Thanks for flying with WordPress.com