[New post] CIMB: Japfa – HOLD TP $0.77

alanyeo posted: " Upended profitability in 3Q21 Weak market dynamics for poultry/swine saw core PATMI losses of US$4.1m/US$16.1m in 3Q21 under Tbk and APO respectively.Slow recovery expected amid fluid Covid-19 situation in Indonesia and potential volatile operating co" New post on Alpha Edge Investing CIMB: Japfa – HOLD TP $0.77 by alanyeo Upended profitability in 3Q21 Weak market dynamics for poultry/swine saw core PATMI losses of US$4.1m/US$16.1m in 3Q21 under Tbk and APO respectively. Slow recovery expected amid fluid Covid-19 situation in Indonesia and potential volatile operating conditions in Vietnam. Reiterate Hold with a TP of S$0.77, pegged at 9x FY22F P/E. Upside risks: swift recovery of […] Read more of this post alanyeo | November 1, 2021 at 3:04 pm | Tags: Japfa | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-5HK 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/2021/11/01/cimb-japfa-hold-tp-0-77/