Thus, we cut our FY21 dividend payout assumption to 27%, in line with FY20 levels, ” it said, adding that in its opinion, FY22 would be a more reasonable timeline to expect STMB to revert to its 45% divvy run-rate....
Revenue, nevertheless, improved to RM915. 50mil from RM913. 04mil previously. HLIB in its report said on the whole, it still liked STMB for its longer-term prospects which include an underpenetrated insurance space and favourable demographics....
“ We remain positive on STMB as v
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2021-07-27 00:00:00.0