Analyst Report
Plantation sector to see renewed buying interest
"We expect the Plantation sector to see renewed buying interest as worsening floods in the East Coast and low inventories are expected to lift…
Category: Analyst Report
Analyst Report
Pekat Group 3QFY24 Performance Below Expectations
Pekat Group Berhad’s recent financial results for 3QFY24 reveal a mixed performance, falling below both analysts’ and market expectations. While revenue surged by 46.1%…
Analyst Report
Strong banking results to boost market’s finance sector
The FBM KLCI may find support in the Finance sector, buoyed by strong banking results. Globally, focus shifts to China’s Manufacturing PMI, while bargain…
Analyst Report
Solarvest Holdings: Earnings Moderated but Margins Expanded
Despite moderated earnings growth, the margins for Solarvest expanded due to improved project mix, particularly in higher-margin commercial and industrial (C&I) projects, and cost…
Analyst Report
Investors advised to remain cautious and monitor developments closely
Investors are advised to remain cautious and monitor developments closely. Gold-related stocks may gain from rising gold prices, driven by safe-haven demand
Analyst Report
Bumi Armada Berhad: Results in line despite forex headwinds
Bumi Armada’s 9MFY24 profit met expectations despite forex headwinds, with strong YoY growth and improved debt management.
Analyst Report
MSM Malaysia Holdings 3QFY24: Mixed Results and Challenges
MSM faces challenges from net realizable value (NRV) provisions, where inventory costs exceed market prices. This issue was exacerbated by cheaper sugar imports from…
Analyst Report
Hap Seng Plantations Holdings’ 3QFY24 commendable Performance
Hap Seng Plantations’ ability to capitalize on rising CPO prices and cost efficiencies amid industry volatility highlights its operational strength
Analyst Report
Expect bargain-hunting activities to provide support
FBM KLCI dipped amid foreign selling, while global markets showed mixed trends; optimism remains for bargain-hunting support today.
Analyst Report
Lower-liner stocks may see heightened volatility due to escalating US-Russia tensions
Lower-liner stocks may see heightened volatility due to escalating US-Russia tensions, especially after Putin’s warning about a lower threshold for nuclear weapons use and…
Analyst Report
CelcomDigi Berhad Downgrade to NEUTRAL
CelcomDigi downgraded to NEUTRAL due to weak 3QFY24 results, revenue challenges, higher costs, and delayed merger benefits. Target price revised to RM3.53.
Analyst Report
Market expected to rebound with bargain hunters
Despite the disappointing regional performance, we believe the FBM KLCI is poised for a rebound, as bargain hunting activities may emerge bolstered by rate…
Air Travel
Aviation Sector Update: Passenger Traffic Recovery Progresses with International Demand Surge
The Malaysian aviation sector is on track to reach near-full recovery by the end of 2024, with international markets, particularly China and India
Analyst Report
Opportunity for bargain hunters today
A recovery is expected, with Malaysian factors such as Anwar’s comments on GST and the Sabah government’s civil servant pay hike boosting investor confidence…
Analyst Report
Westports: Neutral ratings maintained
The share price of Westports on October 9, 2024, was RM4.20, with an expected total return of +6.8% (2.4% price return and 4.4% dividend…
Analyst Report
Nasdaq gained 109 points yesterday
The DJIA rose 432 points and the Nasdaq gained 109 points, despite a slight increase in the US 10-year yield to 4.075%