Improved trading liquidity, undemanding valuations and attractive dividend yields of 5% to 6% should continue to attract interest in the stock of the international freight service provider, according to RHB research.
PETALING JAYA: Freight Management Holdings Bhd’s (FMHB) earnings for the financial year ending June 30,2021 (FY21) are projected to rebound towards FY18 levels, on the back of recovery tailwinds seen for global trade, and the long-awaited unwinding of its loss-making marine associate business by end-2020, according to a RHB Research report.
Improved trading liquidity, undemanding valuations and attractive dividend yields of 5% to 6% should continue to attract interest in the stock of the international freight service provider, according to the research firm.
Limited time offer:
Just RM5 per month.
