Analysts believe NTPM is poised for an earnings upcycle.
KUALA LUMPUR: The share price retracement in NTPM Holdings Bhd
may have been overdone as analysts believe its current valuation does not reflect the company’s improved fundamentals.
The stock closed at 62.5 sen yesterday, 26.5% down from its 52-week peak of 85 sen in December, despite the impressive boost to its net profit for the nine months ended Jan 31,2021.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
