[New post] KE: UMW Holdings – BUY TP RM4.00

alanyeo posted: " FY21 results came in below Maintain BUY and MYR4.00 TP FY21 results came in below ours/ consensus' estimates, due to underperformance (softer vehicle sales) at its 38%-owned Perodua (P2) ops in 4Q21. The financial setback in FY21 (-45% YoY) is well" New post on Alpha Edge Investing KE: UMW Holdings – BUY TP RM4.00 by alanyeo FY21 results came in below Maintain BUY and MYR4.00 TP FY21 results came in below ours/ consensus' estimates, due to underperformance (softer vehicle sales) at its 38%-owned Perodua (P2) ops in 4Q21. The financial setback in FY21 (-45% YoY) is well-flagged. Focus is on the consumer recovery play (higher sales volume, stronger product pipeline) in […] Read more of this post alanyeo | February 28, 2022 at 4:52 pm | Tags: UMW Holdings | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-8q7 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-umw-holdings-buy-tp-rm4-00/