9M21 results below Maintain BUY and MYR0.85 TP Results came in below our expectation due to lower yard activities, affected by the extended lockdowns, leading us to cut our FY21 earnings. That said, the sub-par performance is well-flagged. Focus should be on FY22, on expectation of a stronger orders pipeline and earnings turnaround. MMHE is […]

Read more of this post