Category: Bursa KLSE stocks

Bursa KLSE stocks

Top Glove Set to Reclaim Market Share as US Tariffs Hit China Competitors

minichart

September 17, 2024

Date of Report: September 17, 2024Broker Name: UOB Kay Hian Overview of Top Glove Top Glove is Malaysia’s largest glove manufacturer, recognized globally for its significant production capacity and leadership in the medical glove...

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Bursa KLSE stocksMarket Updates

Telekom Malaysia: 13.3x FY25F P/E and 3.9% FY24F dividend yield attractive

Minichart

September 16, 2024

Telekom Malaysia Upgrade cycle to continue We raise our FY24F/25F/26F core net profits by 3.3%/1.1%/1.7% post 2Q24 results, leaving us at 104%/115%/122% of Bloomberg consensus estimates. Despite increased competition in retail broadband, we see...

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Bursa KLSE stocksMarket Updates

My EG Services: Target price of RM1.42.

Minichart

September 13, 2024

My EG Services: Target price of RM1.42. My EG Services remains a top pick due to its strategic investments in the Zetrix blockchain venture, which is expected to bolster future growth. The company maintains...

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Bursa KLSE stocksMarket Updates

Major Cineplex

Minichart

September 13, 2024

4. Major Cineplex (MAJOR TB) Major Cineplex has shown a positive earnings outlook for 2H24, driven by an expected increase in moviegoer attendance and box office revenues. The target price for Major Cineplex is...

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Bursa KLSE stocksMarket Updates

IOI Properties Group: Target price of RM3.00.

Minichart

September 13, 2024

IOI Properties Group: Target price of RM3.00. Major Cineplex: Target price of Bt20.00. 2. IOI Properties Group (IOIPG MK) IOI Properties Group is positioned for growth due to upcoming property developments. It has a...

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Bursa KLSE stocksMarket Updates

ITMAX System Bhd: Smart City Solutions Pave the Way for Growth

minichart

September 13, 2024

Company Highlights: ITMAX System Bhd (ITMAX MK) is leading the charge in Malaysia’s smart city industry with its comprehensive video surveillance and analytics solutions. ITMAX’s business momentum continues to build, with significant contract wins...

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Bursa KLSE stocksMarket Updates

Investment Opportunities in Bermaz Auto, Malakoff, and Kerjaya Prospek

minichart

September 12, 2024

Overview: In today’s report, we focus on three promising Malaysian companies: Bermaz Auto (BAUTO), Malakoff Corporation, and Kerjaya Prospek Group. Each presents unique opportunities for investors based on their current financial performance, upcoming projects,...

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Bursa KLSE stocksMarket Updates

Uchi Technologies, AppAsia, and Power Root: Top Investment Picks to Watch

minichart

September 12, 2024

Company Highlights: Uchi Technologies (7100) AppAsia (0119) Power Root (PWRT) Investment Recommendation: For Uchi Technologies and AppAsia, a Technical Buy is recommended, while Power Root is downgraded to Hold due to earnings struggles. Investment...

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Bursa KLSE stocksHong Kong stocksMarket UpdatesSingapore SGX stocks

Investment Opportunities in XL Axiata, Bermaz Auto, and ComfortDelGro: Top Picks for 2024

minichart

September 12, 2024

Company Highlights XL Axiata (EXCL IJ): A leading telecommunications company in Indonesia. Bermaz Auto (BAUTO MK): A significant player in the automotive industry, distributing Mazda vehicles in Malaysia and the Philippines. ComfortDelGro Corporation (CD...

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Bursa KLSE stocksMarket Updates

Malaysia Banking and Plantation Sector

Minichart

September 11, 2024

1. Banking Sector: Solid Earnings Growth but Challenging Valuations Overview: The banking sector delivered solid earnings growth in 2Q24, with earnings up 11% year-on-year (YoY). This performance was largely driven by lower provisions, as...

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