KUALA LUMPUR: AmInvestment Research is retaining its Buy call on Leong Hup International (LHI) with a higher fair value of 88 sen a share after it recently acquired 100% of The Bakers Cottage Sdn Bhd (TBC).
It said on Tuesday its FV is based on a higher PE multiple of 17 times from 14 times as it believes the worst is over for poultry prices.
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