[New post] KE: Bumi Armada – BUY TP RM0.58

alanyeo posted: " FY21 results in line Maintain BUY and MYR0.58 TP FY21 core earnings made up 95% of our FY estimate, on the back of a sequentially softer 4Q21, mainly due to lower FPSO profits. Its turnaround story is beginning to gain traction. Improving cashflows" New post on Alpha Edge Investing KE: Bumi Armada – BUY TP RM0.58 by alanyeo FY21 results in line Maintain BUY and MYR0.58 TP FY21 core earnings made up 95% of our FY estimate, on the back of a sequentially softer 4Q21, mainly due to lower FPSO profits. Its turnaround story is beginning to gain traction. Improving cashflows andmonetizing non-core assets (OSVs & FPSO Claire) are its key KPIs. It […] Read more of this post alanyeo | February 28, 2022 at 4:50 pm | Tags: Bumi Armada | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-8q3 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/2022/02/28/ke-bumi-armada-buy-tp-rm0-58-2/