Sunday, November 24th, 2024

Category: Market Updates

Nestle (Malaysia): Navigating Challenges Towards a Promising Earnings Recovery

Date: October 27, 2024Broker: Maybank Investment Bank Berhad Company Overview Nestlé (Malaysia) Bhd. is an investment holding company engaged in the manufacture, marketing, and sale of food products. The company operates under the ticker...

&&Gamuda’s MYR31B Orderbook Surge: A Buy Call Amidst Strategic Wins&&

Report Date and BrokerDate: October 27, 2024Broker: Maybank Investment Bank Berhad Orderbook and Strategic WinsGamuda has recently formalized its involvement in the Upper Padas Hydroelectric Project (HEP), bolstering its engineering and construction (E&C) orderbook...

True Corporation’s Q3 Surge: Core Profits Soar 295% Amid Strategic Growth

Date: October 28, 2024Broker: UOB Kay Hian Company Overview True Corporation (TRUE) was formed from the merger of True Corporation and Total Access Communication (DTAC), creating a major player in telecommunication services. The company,...

Sido Muncul (SIDO IJ) Sees Strong Q3 Growth with Promising Outlook

Date: October 28, 2024Broker: UOB Kay Hian Company Overview Sido Muncul (SIDO IJ) is Indonesia’s largest herbal medicine (jamu) and energy drink producer. The company operates within the Consumer Staples sector and is listed...

First Resources: Riding the Bullish Wave with Strong Technical Momentum

Date: 28 October 2024Broker: UOB Kay Hian Technical Buy Recommendation UOB Kay Hian has issued a “Trading Buy” recommendation for First Resources (FR SP), highlighting its strong technical setup. The current price for First...

SATS: Soaring Above with Strategic Growth and Bullish Market Trends

Date: 28 October 2024Broker: UOB Kay Hian Technical Buy Recommendation UOB Kay Hian has recommended a “Trading Buy” for SATS (SATS SP), based on positive technical indicators. The stock’s current price stands at S$4.01,...

Driving Steady Growth: Frasers Centrepoint Trust’s Strategic Enhancements and Resilient Portfolio

Date: 28 October 2024Broker: UOB Kay Hian 2HFY24 Performance Overview Frasers Centrepoint Trust (FCT) reported 2HFY24 results, showing resilience with a Distribution Per Unit (DPU) of 6.02 Singapore cents, which was flat year-over-year and...

Expanding Horizons: Digital Core REIT’s Strategic Growth and Robust Leasing Momentum

Date: 28 October 2024Broker: UOB Kay Hian 3Q24 Performance Overview Digital Core REIT (DCREIT) reported its 3Q24 results with distributable income of US$12.0 million, reflecting a 19.4% year-over-year increase. This growth aligns with expectations...

Kweichow Moutai: Strong 3Q24 Performance Amid E-Commerce Price Pressures

Date of ReportOctober 28, 2024 Broker NameUOB Kay Hian Private Limited Company Overview Kweichow Moutai is a leading baijiu producer in China, known for its high-end brand “Feitian Moutai.” It stands as the largest...

Jonjee Hi-Tech Industrial & Commercial: Strong 3Q24 Growth Signals Accelerated Revenue Ahead

Date of Report: October 28, 2024Broker Name: UOB Kay Hian Company Overview Jonjee Hi-Tech Industrial & Commercial is a leading player in China’s condiment industry, particularly known for its soy sauce production. The company...