[New post] CIMB: Sime Darby Bhd – ADD TP RM2.55

alanyeo posted: " Navigating near-term challenges ■ 1QFY6/22 core NP made up 18% of our/consensus' forecasts. We deem the results in-line as we expect a stronger sales recovery in 2HFY22F.■ We revise down our FY22-24F EPS to account for higher tax expenses following " New post on Alpha Edge Investing CIMB: Sime Darby Bhd – ADD TP RM2.55 by alanyeo Navigating near-term challenges ■ 1QFY6/22 core NP made up 18% of our/consensus' forecasts. We deem the results in-line as we expect a stronger sales recovery in 2HFY22F.■ We revise down our FY22-24F EPS to account for higher tax expenses following the implementation of Makmur tax and foreign source income tax.■ Retain Add with a lower […] Read more of this post alanyeo | November 30, 2021 at 1:56 pm | Tags: Sime Darby | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-6EF 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-sime-darby-bhd-add-tp-rm2-55/