[New post] CIMB: UMW Holdings – ADD TP RM3.90 (Previous RM4.20)

alanyeo posted: " 3Q21: hit by shorter operating period ■ 9M21 core net profit missed expectations at 8%/9% of our/Bloomberg consensus FY21F PAT due to wider-than-expected losses in 3Q21.■ We expect Toyota and Perodua sales volume to improve from 4Q21F, driven by a com" New post on Alpha Edge Investing CIMB: UMW Holdings – ADD TP RM3.90 (Previous RM4.20) by alanyeo 3Q21: hit by shorter operating period ■ 9M21 core net profit missed expectations at 8%/9% of our/Bloomberg consensus FY21F PAT due to wider-than-expected losses in 3Q21.■ We expect Toyota and Perodua sales volume to improve from 4Q21F, driven by a combined order backlog in excess of 100k units as at end-Oct.■ We lower EPS by […] Read more of this post alanyeo | December 1, 2021 at 1:51 pm | Tags: UMW Holdings | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-6Ig 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/2021/12/01/cimb-umw-holdings-add-tp-rm3-90-previous-rm4-20/