AmInvest Research retains buy on Perak Transit, FV RM1.21


KUALA LUMPUR: AmInvestment Research is maintaining its forecasts for Perak Transit but tweaked its fair value (FV) lower by 3% to RM1.21 from RM1.25 to include a slight discount to reflect a two-star ESG rating as appraised by the research house.

It said on Tuesday, the basis of its FV was now 15 times FY22F EPS (at a 30% discount to its FY22F target PE of 22 times for Malaysia Airports) with a 3% ESG discount.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

SC, Bursa Malaysia step up monitoring to ensure stability in market amid Middle East developments
Oil settles up on Mideast tensions, posts weekly loss
Will EVs take off in Malaysia?
MAS keeps currency policy unchanged to fight elevated inflation
Adnoc decides BP is not the ‘right fit’
Vietnam VinFast’s challenges pose risk to Vingroup
Right time to tap into alternative investments
Singapore economy expands 2.7% in 1Q
Unlocking success
Traders bet ECB will chart own rate-cut path

Others Also Read