Apex Securities places 34 sen target price on ACE Market-bound SSF Home

📆 25/09/2023 11:02:00
📰 fmtoday

⏱ Reading Time:
24 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 72%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

It issues ‘subscribe’ call on the furniture and home products retailer at 25 sen.

SSF Home Group Bhd is scheduled to debut on the ACE Market of Bursa Malaysia on Oct 12.

The TP was determined using a price-earnings ratio of 15 times the group’s projected earnings per share for the 2024 financial year of 2.3 sen. The lower PER, said Apex Securities, reflected SSF’s less favourable market position given its small market share of 0.4% and smaller market capitalisation relative to its competitors.

The government’s continued commitment to the affordable housing programme also supports the sector’s recovery, it noted.

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

AR/VR headset market witnesses continued decline in Q2 2023, hopes for a rebound in 2024AR/VR headset shipments decline for the 4th quarter; Q2 2023 down 44.6% YoY. Potential revival in 2024 with new releases like Apple's Vision Pro.
La source: gizmochina - 🏆 18. / 53 Lire la suite »