Sunday, September 29th, 2024

Day: September 20, 2024

Bursa KLSE stocksMarket Updates

Gamuda Poised for New Highs Amid Strong Bullish Momentum

minichart
September 20, 2024

Date: September 20, 2024Broker Name: CGS International Securities Malaysia Sdn. Bhd. Company Overview Gamuda Berhad is an investment holding and civil engineering construction company. Through its subsidiaries, Gamuda is involved in several key operations,...

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Market Updates

Trip.com Poised for Strong Outbound Travel Growth Amid Global Expansion and Holiday Demand Surge

minichart
September 20, 2024

Date: September 19, 2024Broker: China Galaxy International Takeaways from the Conference Call with Investors Trip.com held a Non-Deal Roadshow (NDR) call with investors on September 17, 2024. Management shared updates on expected growth during...

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Bursa KLSE stocksMarket Updates

WCT Holdings Unveils Paradigm REIT to Strengthen Balance Sheet and Boost Growth

minichart
September 20, 2024

Date: September 19, 2024Broker Name: CGS International Securities Malaysia Sdn. Bhd. Shariah Compliance and ESG Score Shariah Compliance: WCT Holdings is identified as Shariah-compliant, which may appeal to certain institutional and individual investors. ESG...

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Bursa KLSE stocksMarket Updates

Eco World Development Group Bhd Surpasses FY24 Sales Target with Robust Earnings Growth

minichart
September 20, 2024

Date of Report: September 19, 2024Broker Name: CGS International Securities Malaysia 9MFY24 Results Performance Eco World Development Group Bhd (EWDG) reported a core net profit of RM231.9 million for 9MFY24, which represents 78% of...

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Market Updates

Huitongda: Navigating Product Mix Upgrades Amid Market Challenges

minichart
September 20, 2024

Date: September 19, 2024Broker Name: China Galaxy International Securities (Hong Kong) Co., Limited 1H24 Financial Performance Huitongda’s 1H24 sales declined by 24% year-over-year (yoy), reaching Rmb32.8bn, while its net profit plummeted by 49% to...

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Bursa KLSE stocksMarket Updates

CLMT is projected to achieve a 3-year earnings per unit (EPU) CAGR of 8.2% over FY23-26

Minichart
September 20, 2024

CapitaLand Malaysia Trust (CLMT) – 3QFY24 Report Summary CapitaLand Malaysia Trust (CLMT) is positioned for steady growth, leveraging the strong performance of its key retail and industrial assets. Below is a detailed overview based...

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Hong Kong stocksMarket Updates

CATL’s performance during 1H24 was marked by significant growth metrics despite some macroeconomic pressures across the automotive sector

Minichart
September 20, 2024

CATL (Contemporary Amperex Technology Co., Ltd.), one of China’s leading battery manufacturers, experienced a robust performance during the first half of 2024, positioning itself as one of the top picks in the automotive sector....

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Bursa KLSE stocksMarket Updates

Eco World Development Bhd forward price-to-earnings (PE) ratio of 16-20x for FY24-FY26, which is lower than its 10-year average of 32x.

Minichart
September 20, 2024

Eco World Development Bhd (ECW) has delivered a strong performance in 3QFY24, surpassing expectations with a core net profit of RM89.2 million, reflecting a 24% quarter-on-quarter (qoq) and 34% year-on-year (yoy) increase. This was...

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