KUALA LUMPUR: AmInvestment Research remains cautious on the outlook for CI Holdings (CIH) – which packages edible oils and makes sanitary ware products – as it maintains its Hold call, forecasts and fair value of RM1.02.
It said on Friday CIH faced inherent volatility in its margins and also its inability to significantly grow export sales, which is due to increased competition from other vegetable oils.
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