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.
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