Thursday, November 28th, 2024

Category: Bursa KLSE stocks

Bursa KLSE stocks

Astro Malaysia: ARPU Resilient Amid Challenges in Content Costs and Adex Weakness

Date of Report: October 1, 2024Broker: CGS-CIMB Securities Malaysia Sdn. Bhd. Company Overview Astro Malaysia is a leading content and consumer company in Malaysia, primarily involved in television and radio broadcasting, digital content, and...

Magma Group: Breaking Out of a 10-Month Consolidation with Strong Upside Potential

Date of Report: October 1, 2024Broker: CGS-CIMB Securities Malaysia Sdn. Bhd. Company Overview Magma Group Berhad is an investment holding company primarily focused on the hospitality sector. The company offers a range of services,...

Tomei Consolidated: Poised for a Breakout After Consolidation Phase

Date of Report: October 1, 2024Broker: CGS-CIMB Securities Malaysia Sdn. Bhd. Company Overview Tomei Consolidated Bhd. is an investment holding company that, through its subsidiaries, engages in the design, manufacturing, and retailing of jewelry....

Yinson Holdings Bhd: Navigating Challenges and Driving Growth in the Energy Sector

Date: 01 October 2024Broker: UOB Kay Hian Private Limited Company Overview Yinson Holdings Bhd is one of the largest pure global Floating, Production, Storage and Offloading (FPSO) operators, with Engineering, Construction, Procurement, Installation and...

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...