[New post] CIMB: Karex Berhad – HOLD TP RM0.43

alanyeo posted: " Expecting condom sales to recover ■ We deem 1QFY6/22F core net profit of RM1.2m (-77.9% yoy) as in line as we project stronger results in the remaining quarters of FY22F.■ We lower our FY23-24F EPS by 3.4-12.7% as we cut our glove ASP forecasts in v" New post on Alpha Edge Investing CIMB: Karex Berhad – HOLD TP RM0.43 by alanyeo Expecting condom sales to recover ■ We deem 1QFY6/22F core net profit of RM1.2m (-77.9% yoy) as in line as we project stronger results in the remaining quarters of FY22F.■ We lower our FY23-24F EPS by 3.4-12.7% as we cut our glove ASP forecasts in view of the current steep decline in global glove ASPs.■ […] Read more of this post alanyeo | November 30, 2021 at 1:49 pm | Tags: Karex Berhad | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-6Et 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-karex-berhad-hold-tp-rm0-43/