MY : Sime Darby Bhd - Pedal to the metal

9MFY6/21 core net profit was in line at 75%/77% of our/consensus FY21F. We see improving earnings outlook beyond FY21F, driven by resilient motors demand in China and a stronger mining equipment demand in Australia. Reiterate Add and TP. Sime offers attractive FY21-22F yields up to 5.7%.

Most Viewed See latest

This publication is being distributed by Tellimer solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not con...

Full Tellimer disclaimers