Jardine Matheson - CGS-CIMB Research 2021-03-08: Announces Privatisation Offer For Jardine Strategic

JARDINE MATHESON HLDGS LTD (SGX:J36) | SGinvestors.io JARDINE MATHESON HLDGS LTD (SGX:J36)

Jardine Matheson - Announces Privatisation Offer For Jardine Strategic







Jardine Strategic Offer details


FY21F outlook

  • In its acquisition announcement, Jardine Matheson highlighted that it will report FY20F results on 11 March, Friday.
  • Based on unaudited results, Jardine Matheson expects FY20F underlying net profit of US$1,085m and underlying EPS of US$2.95.
  • Jardine Matheson commented that the outlook for FY21F remains uncertain due to the continuing impact of the pandemic.


Impact






William TNG CFA CGS-CIMB Research | https://www.cgs-cimb.com 2021-03-08
SGX Stock Analyst Report HOLD MAINTAIN HOLD 54.680 SAME 54.680



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