Home Capital Broker's Calls

Value seen in F&N despite tough market for beer and print businesses

PC Lee
PC Lee5/24/2019 12:40 PM GMT+08  • 2 min read
Value seen in F&N despite tough market for beer and print businesses
SINGAPORE (May 24): RHB Research likes Fraser & Neave even though the operating environment is tough for its beverage and print business.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (May 24): RHB Research likes Fraser & Neave even though the operating environment is tough for its beverage and print business.

“We think there is value in the stock, given that the share price is trading 13% below its $1.96 NAV/share,” says RHB analyst Juliana Cai in a May 23 unrated report.

F&N’s profit is largely helmed by its dairy business, as well as a 20% stake in Vinamilk. It also holds a 55% of F&N Holdings (FNH), in addition to its printing & publishing business.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now