KUALA LUMPUR: AmInvestment Research is maintaining its buy call on Leong Hup International (LHI) with a higher fair value (FV) of RM1.02 a share versus 86 sen a share previously as it is more upbeat about the earnings outlook.
In its research note on Monday, it the poultry company’s valuation is based on an unchanged price-to-earnings ratio (PER) of 17 times FY22F EPS.
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!