AmInvest’s ‘buy’ call on Leong Hup


PETALING JAYA: AmInvestment Research has maintained its “buy” call on fully integrated poultry operator Leong Hup International Bhd (LHI) with a lower fair value of RM1.02 a share as opposed to RM1.04 previously.

The research unit said in its latest report that its valuation was pegged to a price earnings (P/E) of 18 times the forecast financial year 2020 (FY20) earnings per share (EPS).

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