Why hold Suryoday SFB despite 25 per cent drop from IPO price
Immediate recovery unlikely given short-term challenges but the stock at ₹226 levels valued at a discount to peers
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Immediate recovery unlikely given short-term challenges but the stock at ₹226 levels valued at a discount to peers
Optimistic view: Airport operator MAHB’s new operating agreement with the government will pave the way for its stock to be rerated, says CGS-CIMB. PETALING JAYA: The new operating agreement (OA) between Malaysian Airports Holdings Bhd (MAHB) and the government could be an impetus for a re-rating catalyst for the airport operator. The agreement is yet to be signed, but CGS-CIMB in a report said it will pave the way for the stock to be rerated. It believes the new OA will be investor-friendly, and create the sustainable long-term development of MAHB, which has been hit by the Covid-19 pandemi...