欢迎进Allbet欧博官网,欧博官网是欧博集团的官方网站。Allbet欧博官网开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

首页社会正文

足球免费贴士:Watt Wah buy to offer Swift access into S’pore

admin2022-11-1913

足球免费贴士www.ad168.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,最专业的足球心水网。

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.

,

皇冠买球网www.hg108.vip)是皇冠体育官网线上直营平台。皇冠买球网面向亚太地区招募代理,开放皇冠信用网代理申请、皇冠现金网代理会员开户等业务。皇冠买球网可下载皇冠官方APP,皇冠买球网APP包括皇冠体育最新代理登录线路、皇冠体育最新会员登录线路。

,

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。

网友评论

1条评论
  • 2022-11-19 00:17:18

    皇冠网址www.hg9988.vip)是一个开放皇冠网址即时比分、皇冠网址代理最新登录线路、皇冠网址会员最新登录线路、皇冠网址代理APP下载、皇冠网址会员APP下载、皇冠网址线路APP下载、皇冠网址电脑版下载、皇冠网址手机版下载的皇冠网址平台。
    感觉很OK,继续看

热门标签