热门标签

哈希定位胆(www.hx198.vip):Watt Wah buy to offer Swift access into S’pore

时间:1个月前   阅读:2

哈希定位胆www.hx198.vip)采用波场区块链高度哈希值作为统计数据,游戏数据开源、公平、无任何作弊可能性,开放单双哈希、幸运哈希、哈希定位胆、哈希牛牛等游戏。

Swift Logistics

PETALING JAYA: Swift Haulage Bhd’s proposed acquisition of Watt Wah Petroleum Haulage Pte Ltd will offer the group access into Singapore, which offers potential earnings uplift.

However, the impact will not be immediate as the additional earnings from Watt Wah will be offset by the borrowing cost to fund the acquisition.

Post-acquisition, Swift Haulage’s net gearing will rise from 0.83 times to 0.88 times, which is still manageable, said Kenanga Research.

However, MIDF Research said the cash consideration would effectively reduce Swift Haulage’s cash balance, which stood at RM34.6mil at end of the first quarter for financial year 2022 (1Q22).

The net asset value of the target company stood at S$1.5mil (RM5mil) as of June 30, 2022, it added.

Both MIDF Research and Kenanga Research made no changes to their earnings estimates at this juncture, pending the acceptance of the binding offer by the seller.

Both research houses are also positive on the deal.

,

免费足球预测www.hgbbs.vip)是国内最权威的足球赛事报道、预测平台。免费提供赛事直播,免费足球贴士,免费足球推介,免费专家贴士,免费足球推荐,最专业的免费足球预测网。

,

MIDF Research has recommended a “buy’’ call on the stock with a target price (TP) of RM1.18, while Kenanga Research has an “outperform’’ with a TP of RM1.01.

Kenanga Research said the acquisition was in line with strict criteria of assessing potential mergers and acquisitions with Watt Wah, which is seen as a perfect fit for the group.

It also complements its inland distribution, cross-border and freight forwarding segments.

MIDF Research said it likes the group as it is a dominant player in the container haulage business with 9% market share in Peninsular Malaysia and has above-average profit margins.

This is led by its large vehicle fleet and cost advantages from in-house supporting services and its earnings resiliency due to its dependency on trade volume.

However, the downside risks include delays in its primary warehouse capacity expansion plan and lower gateway port throughput arising from the supply chain issues.

Kenanga Research said the risks to its call include sustained high fuel cost, global recession hurting the demand for transportation service and delays in the group’s primary warehousing expansion plan.


转载说明:本文转载自Sunbet。

上一篇:精彩足球推荐分析:Grab Malaysia: No reduction in fares for GrabFood riders

下一篇:足球免费贴士(www.hgbbs.vip):Sales adviser who conned unsuspecting car buyers nabbed

网友评论