Monday, December 23rd, 2024

Author: minichart

Genting’s Strategic Positioning: Capitalizing on China’s Stimulus for Future Growth

Date of Report October 1, 2024 Broker Name UOB Kay Hian Company Overview Genting Singapore is a prominent player in the hospitality and gaming sector, primarily known for its integrated resorts and leisure facilities....

Navigating Challenges and Opportunities: An In-Depth Analysis of ASTRO MK’s Financial Performance and Strategic Outlook

ASTRO MK Overview Date: September 30, 2024Broker: CGS International Securities Financial Performance ASTRO MK experienced a significant decline in its core net profit for 2QFY25, dropping 47% quarter-over-quarter (qoq) and 72% year-over-year (yoy). For...

CIMB Group Positioned for Growth with Strong Year-to-Date Performance and Promising Earnings Outlook

Date: 1st October 2024Broker: UOB Kay Hian Market Performance CIMB Group is rated as a “Buy” with a target price of RM8.12, while its current trading price is RM8.05. The bank has achieved a...

Hong Leong Bank Positioned for Success with Promising Credit Cost Dynamics and Growth Prospects

Date: 1st October 2024Broker: UOB Kay Hian Market Performance Hong Leong Bank is recommended as a “Hold” with a target price of RM23.60, while it is currently trading at RM21.56. The bank has experienced...

RHB Bank Set to Outperform as Asset Quality Stabilizes and Growth Accelerates

Date: 1st October 2024Broker: UOB Kay Hian Market Performance RHB Bank is recommended as a “Buy” with a target price of RM6.80, while it is currently trading at RM6.18. The stock has shown a...

Public Bank Poised for Growth Amidst Sector Challenges and Market Lag

Date: 1st October 2024Broker: UOB Kay Hian Market Performance Public Bank is highlighted as one of the sector’s laggards, offering an attractive valuation at 1 standard deviation (SD) below its historical mean price-to-book ratio...

Beshom Holdings Bhd: Navigating Sales Growth Amidst Economic Recovery

Date of Report: September 30, 2024Broker: CGS International Securities Overview of Beshom Holdings Bhd Beshom Holdings Bhd reported its 1QFY25 financial results with core net profit amounting to RM2.6 million. This is below expectations,...

Far East Hospitality Trust Positioned for Growth with Strong Corporate Demand and Revamped Offerings

Date of Report: September 30, 2024Broker Name: CGS International Securities Overview of Far East Hospitality Trust (FEHT) Far East Hospitality Trust (FEHT) is highlighted in the report as a key player in Singapore’s hospitality...

CDL Hospitality Trust Poised for Growth with Strong Singapore Market Presence

Date of Report: September 30, 2024Broker Name: CGS International Securities Overview of CDL Hospitality Trust (CDREIT) CDL Hospitality Trust (CDREIT) is a key player in the hospitality sector, primarily acting as a proxy for...

Resilient Growth and Strategic Expansion: CapitaLand Ascott Trust’s Path to Future Success

Date of Report: September 30, 2024Broker Name: CGS International Securities Overview of CapitaLand Ascott Trust (CLAS) CapitaLand Ascott Trust (CLAS) is covered under the hospitality sector, with a key focus on leveraging its diversified...