Abdul Din

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Joined Jul 2023

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The fair value for Elsa Bhd’s IPO is generally pegged at RM0.24 per share. This represents a slight premium over its IPO issue price of RM0.23 per share.The RM0.24 fair value target—recently estimated by market research—translates to a P/E valuation of 8.0x based on the company's estimated CY27F core earnings
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