Sunday, November 24th, 2024

Category: Market Updates

Bursa KLSE stocksMarket Updates

Heineken Malaysia: Agile Leadership Amidst Market Shifts and ESG Advancements

minichart
September 24, 2024

Date: September 24, 2024Broker Name: Maybank Investment Bank Berhad Stock Recommendation Rating: Maintain BUY with an unchanged DCF-TP (Discounted Cash Flow Target Price) of MYR 28.20. Share Price: MYR 22.28 12-Month Price Target: MYR...

Continue Reading 0
Bursa KLSE stocksMarket Updates

Genetec Technology Bhd: Pioneering Malaysia’s Battery Energy Storage Solutions for a Greener Future

minichart
September 24, 2024

Date: September 23, 2024Broker Name: CGS International Securities Genetec Technology Bhd’s Unique Position in Malaysia’s Renewable Energy Sector Genetec Technology Bhd is positioned as a key domestic player in Malaysia’s renewable energy (RE) transition....

Continue Reading 0
Bursa KLSE stocksMarket Updates

Malakoff Corporation: A Strategic Player in Malaysia’s Rising Power Demand and Renewable Energy Expansion

minichart
September 24, 2024

Date: September 23, 2024Broker Name: CGS International Securities Malakoff Corporation’s Role in Meeting Malaysia’s Power Demand Malakoff Corporation is positioned as a significant player in addressing Malaysia’s growing power demand, particularly driven by the...

Continue Reading 0
Bursa KLSE stocksMarket Updates

Tenaga Nasional: A Key Beneficiary in Malaysia’s Energy Transition Roadmap

minichart
September 24, 2024

Date: September 23, 2024Broker Name: CGS International Securities Overview of Tenaga Nasional’s Role in Malaysia’s Energy Transition Tenaga Nasional is highlighted as a critical enabler and a central beneficiary of the National Energy Transition...

Continue Reading 0
Bursa KLSE stocksMarket Updates

Sunway Construction Group Bhd: Powering Growth Through Data Centers and Diversification

minichart
September 24, 2024

Date: September 23, 2024Broker: CGS International Securities Company Overview Sunway Construction Group Bhd (Suncon) is a prominent construction company in Malaysia, renowned for its specialization in data center (DC) projects. The company is focused...

Continue Reading 0
Market UpdatesSingapore SGX stocks

Tiong Woon Corporation: Positioned for a Brighter FY25 Despite FY24 Miss

minichart
September 24, 2024

Date of Report: 24 September 2024 Broker Name: UOB Kay Hian Company Overview Tiong Woon Corporation Holding (TWC SP) is a Singapore-based industrial services company specializing in heavy lift, heavy haulage, and engineering services....

Continue Reading 0
Hong Kong stocksMarket Updates

Plover Bay Technologies: Strong Growth Momentum and Rising Opportunities in 2024

minichart
September 24, 2024

Date of Report: 24 September 2024Broker Name: UOB Kay Hian Company Overview Plover Bay Technologies (1523 HK) is a small-mid cap company that has shown remarkable growth in 2024, continuing its solid momentum from...

Continue Reading 0

Alibaba Group is currently undervalued, trading at 10.5x FY25 earnings, offering an attractive entry point.

Hong Kong stocksMarket Updates
Minichart
September 23, 2024

Alibaba Group (9988 HK) Recommendation: BUY Target Price: HK$95.00 Current Price: HK$87.20 Stop-Loss Price: N/A Recommendation Date: September 23, 2024 Broker: UOB Kay Hian Investment Thesis: Alibaba Group, China’s largest e-commerce operator, continues to...

Continue Reading 0
Market UpdatesSingapore SGX stocks

Suntec REIT: Share Price Surge Outpaces Fundamentals Amid Anticipated Rate Cuts

minichart
September 23, 2024

Date: 23 September 2024 Broker: OCBC Investment Research Recent Share Price Outperformance Suntec REIT’s share price has rallied significantly since 31 July 2024, with a 16.1% increase as of 19 September 2024, outperforming the...

Continue Reading 0
Market Updates

Apple Inc: Strong FY3Q24 Results but Caution on China’s Impact and AI Rollout

minichart
September 23, 2024

Date: 23 September 2024Broker: OCBC Investment Research Strong FY3Q24 Performance Apple Inc. reported strong financial results for FY3Q24, ending June 2024, which exceeded market expectations. The company posted revenue of USD 85.8 billion, surpassing...

Continue Reading 0