Despite Q3 earnings dip, Phillip Capital puts 'buy' rating o...

Moomoo AI Nov 21, 2023 23:22

Despite Q3 earnings dip, Phillip Capital puts 'buy' rating on Lagenda Properties Bhd, owing to its strong dividend yield, low P/E ratio and the existing backlog of unbilled sales. Anticipated profits from new developments add to the positive outlook for Lagenda through 2025.

Phillip Capital Sees Lagenda Properties Rebounding in FY2024 on Record-high Unbilled Sales, Johor Expansion

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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