皇冠足球网
热门标签

新2网址:Interest in banking, plantation to spur BHB

时间:2周前   阅读:3   评论:2

telegram批量拉人www.tel8.vip)是一个Telegram群组分享平台。telegram批量拉人包括telegram批量拉人、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。telegram批量拉人为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

Notwithstanding the LCS link, Rakuten Trade head of equity sales Vincent Lau said BHB is trading at a “commendable” level since its low of 52.5 sen in mid December last year and historic low of 34.5 sen in 2020.

PETALING JAYA: Boustead Holdings Bhd’s (BHB) earnings will likely be supported by contributions from its interest in banking via Affin Bank Bhd and the plantation business via Boustead Plantations Bhd (BPlant).

Analysts think the Lembaga Tabung Angkatan Tentera (LTAT)-controlled group offers value despite being linked with the RM9bil littoral combat ships (LCS) scandal involving Boustead Heavy Industries Corp Bhd’s (BHIC) 20.77%-owned Boustead Naval Shipyard Sdn Bhd.

Year-to-date, BHB’ share price is up some 38% to 76 sen at close yesterday.

Notwithstanding the LCS link, Rakuten Trade head of equity sales Vincent Lau said BHB is trading at a “commendable” level since its low of 52.5 sen in mid December last year and historic low of 34.5 sen in 2020.

“Investors see the value in the stock due to its banking and plantation assets which would do fairly well this year.

“With the rising interest rates, banks are expected to perform well. Affin Bank also recently sold of its stake in asset management arm, Affin Hwang Asset Management Bhd, while its core banking business is growing well.

“Its plantation division is also expected record good profits although crude palm oil prices have fell from its peak, but still at a firm level,” he told StarBizWeek.

,

新2网址www.hg108.vip)实时更新发布最新最快的新2代理线路、新2会员线路、新2备用登录网址、新2手机版登录网址、新2皇冠登录网址。

,

BHB has a 57.4% stake in BPlant and 21% stake in Affin Bank. It also holds a 51.85% stake in Pharmaniaga Bhd and 65% in BHIC.

While the LCS link may dampen investor sentiment, Lau noted BHB is trading at a discount to its asset value, which may lure investors into buying the stock.

At the current price of 76 sen a share, BHB’s market capitalisation of RM1.55bil reflects its stake values in BPlant (RM1.04bil), Pharmaniaga (RM458.5mil) and BHIC (RM72.7mil) with RM994.24mil worth of Affin Bank stock thrown in free.

LTAT, which holds 59.4% of BHB, also has a 33.32% direct stake in Affin Bank, 8.16% in BHIC, 10.59% in BPlant and 8.62% in Pharmaniaga.

MIDF Research is positive on Affin Bank’s prospects as it is undergoing major revamp of its services as well as divestments which seeks to improve return on capital employed.

The research house said the bank is focused on growing its loan book in quantity and quality with the proceeds from recent asset sales.

The bank will use the cash proceeds from sale of its asset management business to build up its loan book, and strengthen capital reserves.

上一篇:TRC20:Four dead in Shanghai hospital stabbing

下一篇:胜负彩开奖:Australian TV hit Neighbours broadcasts last show

网友评论

  • 2022-08-31 00:56:23

    The 29-year-old was arrested in Amsterdam on Wednesday on and would appear before an investigating judge later today, the Dutch financial and fiscal crime investigation service (FIOD) said.啊,我又又又来啦

  • 2022-09-22 00:20:27

    线上博彩网址www.99cx.vip)是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。线上博彩网址上线上博彩网址会员登录线路、线上博彩网址代理网址更新最快。线上博彩网址开放皇冠官方会员注册、皇冠官方代理开户等业务。
    来看看你呀