Luxchem may20
KUALA LUMPUR: AmInvestment Research sees more upside for Luxchem Corporation’s earnings, which is involved in latex processing/compounding, but views that the share price has run up ahead of valuations.
The research house said on Friday it raised its fair value by 15% to 55 sen based on 13 times FY21F EPS from 48 sen based on 11.5 times FY21F EPS previously.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
