AmInvestment raises fair value on Yinson


KUALA LUMPUR: AmInvestment Bank Research is optimistic over the prospects of Yinson Holdings Bhd as the group maintains a strong fiscal discipline following the financial crunch of the past oil downcycle and ongoing Covid-19 pandemic.

The research house notes that the group touts a strong outstanding order book of RM42bil, which translates to 29x FY21 forecast revenue.

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AmInvestment Bank Research , Yinson

   

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