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After the bell, Google parent Alphabet (GOOG, GOOGL) announced its fiscal first quarter financial results that topped analyst expectations for both revenue and earnings per share. The company also said it is boosting its dividend by 5% and authorized another $70 billion in stock buybacks.
The intrinsic value of one DNEX stock under the Base Case scenario is 0.579 MYR. Compared to the current market price of 0.245 MYR, Dagang NeXchange Bhd is Undervalued by 58%.