RHB maintains buy on Pos Malaysia thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
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.
, following the company’s solid financial performance for the fourth quarter ended Dec 31,2020.
Optimistic about the home improvement retailer’s prospects, analysts say they expect MR DIY to continue posting robust earnings growth for the next two years.
UOB Kay Hian Research said despite the conditional movement control order (MCO) being implemented in the fourth quarter, MR DIY’s earnings continued to grow sequentially on strong demand.
“Amid store growth off an apparent high base, store saturation and cannibalisation concerns, MR DIY continues to defy expectations, carving pockets of opportunity with its competitively priced products and operational excellence, backed by an experienced management team, ” the brokerage said in its report.
KUALA LUMPUR: RHB Research has raised its FY22 earnings forecast on Malaysia Airports Holdings Bhd as it expects the end-February start of the National Covid-19 Immunisation Plan to signal the gradual improvement of air passenger volume.
KUALA LUMPUR: RHB Research reiterated its "buy" call on Supermax Corp Bhd on expectations of stronger earnings prospects, a potential special dividend and positive news flow.