[New post] CIMB: IJM Corp Bhd – ADD TP RM2.09

alanyeo posted: " Reviving growth prospects post FY22 ■ FY3/22 results were in line despite one-offs; core net profit fell 45% yoy.■ Post the results, there is now greater clarity on MRT 3 tenders, highway dealtimeline (within 2HCY22) and land sale plans to enhance cas" Alpha Edge Investing CIMB: IJM Corp Bhd – ADD TP RM2.09 alanyeo May 31 Reviving growth prospects post FY22 ■ FY3/22 results were in line despite one-offs; core net profit fell 45% yoy.■ Post the results, there is now greater clarity on MRT 3 tenders, highway dealtimeline (within 2HCY22) and land sale plans to enhance cash.■ Add rating intact with higher TP (lowered RNAV discount to 10%). 4QFY3/22 hit […] Read more of this post Comment 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/2022/05/31/cimb-ijm-corp-bhd-add-tp-rm2-09/ Powered by WordPress.com