Jardine Matheson's Clearer Plans Could Reduce Shares' Discount -- Market Talk

Dow Jones06-17

0803 GMT - A clearer shareholder return framework and portfolio recycling effort by Jardine Matheson are among factors that could reduce the discount its shares trade at due to its status as a holding company, says Elizabelle Pang, an analyst at DBS Group Research. Pang is generally upbeat on the Hong Kong-based conglomerate's clearer capital-allocation plans and conditions set for what qualifies as an attractive acquisition. She expects the company's next acquisition to only come in 2027, as is likely to focus on its Indonesian subsidiary Astra International's execution, the integration of an Australian diagnostic-imaging provider and boosting its senior leadership. DBS doesn't have a rating for Jardine Matheson but estimates fair value at $93.00. Shares are down 1.8% at $62.42. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

June 17, 2026 04:03 ET (08:03 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment