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YNHPROP (3158) : YNH PROPERTY BERHAD
i4value
Member StarMember Star
Posts: 612
Joined: Aug 2020
15 Jul 2023, 11:50 AMPost #1

The share price of YNH had gone up by about 40% over the past 1 year. Can the fundamentals support this. Over the past 12 years, its ROE averaged 3%. In comparison, the mean ROE of the large Bursa companies (those with SHF > RM 1b) averaged 7 %. Makes you wonder what is driving the price growth. Property companies are cyclical so you should be looking at the performance over the cycle rather than just the past one or 2 years. If you want insights into how the Bursa Property companies performance over the cycle, go to  Will the Malaysian Property industry turn around by 2024?

1

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