[New post] CIMB: EITA Resources Bhd – ADD TP RM1.87

alanyeo posted: " Time to lift off ■ EITA Resources's FY9/21 core net profit was 4% higher than our full-year forecast. Its effective tax rate was lower than what we had estimated.■ We raised our FY9/23F EPS forecast by 2%. We are optimistic that EITA's earnings can " New post on Alpha Edge Investing CIMB: EITA Resources Bhd – ADD TP RM1.87 by alanyeo Time to lift off ■ EITA Resources's FY9/21 core net profit was 4% higher than our full-year forecast. Its effective tax rate was lower than what we had estimated.■ We raised our FY9/23F EPS forecast by 2%. We are optimistic that EITA's earnings can bounce back to pre-pandemic levels as the economy reopens.■ Our TP […] Read more of this post alanyeo | November 30, 2021 at 1:46 pm | Tags: EITA Resources Bhd | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-6Eo Comment    See all comments 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: https://alphaedgeinvesting.com/2021/11/30/cimb-eita-resources-bhd-add-tp-rm1-87/