Glove maker’s valuation still attractive


supermax

PETALING JAYA: Supermax Corp Bhd’s (pic) shares are deemed undervalued at current prices, considering its robust earnings prospects for at least the next one year, says CGS-CIMB Research.

“In our view, Supermax is undervalued at current valuation of seven times 2021 earnings, ” the brokerage said in its report.

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