RHB Research: Mr DIY’S resilient business model provides sustainable earnings | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

KUALA LUMPUR, Feb 18 — Mr DIY Group (M) Bhd’s resilient business model will continue to churn sustainable earnings growth, driven by outlet expansions and same-store sales growth (SSSG). RHB Research in a note today said the valuation gap between Mr DIY and other large-cap consumer stocks will...

Thursday, 18 Feb 2021 11:39 AM MYT

RHB Research in a note today said the valuation gap between Mr DIY and other large-cap consumer stocks will narrow in view of the company’s sound fundamentals, superior growth profile and potential inclusion into the FBM KLCI. The research house said valuation-wise, Mr DIY is trading at an unwarranted discount of approximately 16 per cent compared to large-cap consumer stocks despite its superior earnings growth profile.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines