Wednesday, January 8th, 2025

Category: Bursa KLSE stocks

Bursa KLSE stocks

My EG Services: Target price of RM1.42.

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...

Major Cineplex

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...

IOI Properties Group: Target price of RM3.00.

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...

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

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...

Investment Opportunities in Bermaz Auto, Malakoff, and Kerjaya Prospek

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,...

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

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...

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

Malaysia Banking and Plantation Sector

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...

Velesto Energy: A Strong Buy Amidst Rig Market Uncertainties

Investment Recommendation: BUY Velesto Energy (VEB MK) with a target price of RM0.25, offering an upside of 31.5% from the current share price of RM0.19. Investment Thesis: Velesto Energy, Malaysia’s leading jack-up (JU) rig...

Malakoff Corporation Berhad: A Recovery Story with Strong Potential

Malakoff Corporation Berhad: A Recovery Story with Strong Potential Overview: Malakoff Corporation Berhad (MLK MK) is a leading independent power producer (IPP) in Malaysia with a diversified portfolio spanning thermal power generation, renewable energy,...