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moodyET Female ID: 103268060
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    $KIPREIT (5280.MY)$ Stock split = stock price drop?? Beginners don't understand.
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    The third quarter financial reporting season is here again. Take advantage of this weekend to update the latest performance and progress of REITs in the watchlist, then organize and share with readers. The year-end work is really busy, I kindly ask readers for understanding as the recent update speed has dropped sharply.
    Compared to Singapore's real estate investment trusts, Malaysia's various real estate investment trusts have actually shown quite stable performance in recent years, even surpassing the overall market performance. The real estate investment trusts I've been tracking have been steadily recovering their earnings per share distributions after the 2020 COVID period, with many even surpassing their pre-pandemic performance.
    Taking the performance of the real estate investment trust I've been tracking from early 2024 until now (including dividend returns), in this period:
    $PAVREIT (5212.MY)$ : 33.66%
    $CLMT (5180.MY)$ : 28.41%
    $IGBREIT (5227.MY)$ : 28.11%
    $SUNREIT (5176.MY)$ : 25.19%
    $ALAQAR (5116.MY)$ : 15.55%
    $KIPREIT (5280.MY)$ : 8.28%
    Such performance can be quite exaggerated, the stock price even feels a bit overvalued, there are really not many choices for me to enter at this time. In fact, apart from industrial trusts, many dividend stocks have achieved the largest annual increase in recent years. Maybe it's because the overall market is unstable, and dividend stocks have become the safe haven of the market?
    ...
    Translated
    Overview of Malaysia's Real Estate Investment Trusts' Q3 2024 Financial Reports
    Overview of Malaysia's Real Estate Investment Trusts' Q3 2024 Financial Reports
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    $MAYBANK (1155.MY)$ When stocks fall, it is the moment to test your patience; only by sticking to your beliefs can you truly profit from a stock.
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    Hi, mooers!
    This week, $SUNWAY (5211.MY)$ (11/26) and $IJM (3336.MY)$ (11/27) are said to report their quarterly earnings.
    Both core businesses include property development and construction, which company will satisfy the market more? Make your choice and grab some point rewards!
    Rewards
    ● An equal share of 5,000 points: For mooers who correctly guessed the winner who makes the biggest % gains in intraday trading this week (e.g., If 50 m...
    Sunway vs. IJM: Guess the market winner for earnings week!
    Sunway vs. IJM: Guess the market winner for earnings week!
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    Morning, mooers!
    This week, $MAYBANK (1155.MY)$ (11/26) and $PBBANK (1295.MY)$ (11/27) are said to report their quarterly earnings. After the recent pullback, investors are focusing on the performance of these two local banking giants. Who will be the winner of earnings week? Make your choice and grab some point rewards!
    Rewards
    ● An equal share of 5,000 points: For mooers who correctly guessed the winner who makes the biggest % gains in...
    MAYBANK vs. PBB: Who will be the winner of earnings week?
    MAYBANK vs. PBB: Who will be the winner of earnings week?
    MAYBANK vs. PBB: Who will be the winner of earnings week?
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    $KUCINGKO (0315.MY)$ Why sell at a high stock price?
    Answer: Selling at a high stock price of 0.320, when buyers buy at 0.320, the stock price will rise to 0.320.
    On the contrary, if sellers keep selling at 0.310, buyers can only buy at 0.310, so the stock market will not rise.
    Of course, if a seller sells at 0.305, the stock price will drop to 0.305
    Follow me and I'll take you flying together.
    Translated
    (Kuala Lumpur, 22nd news) Analysts from Citigroup predict that Malaysian corporate profits will grow by 9.7% in 2025, with gambling, construction materials, and telecommunications as the main drivers.
    According to the report by Citigroup analysts, next year's corporate profit growth forecast is higher than this year's 6% forecast, mainly driven by opportunities from consumer wage increases and the potential decoupling between China and the United States.
    Analysts emphasize that the gambling, building materials, and telecommunications industries will become the main driving forces of growth in 2025; while the construction, medical care, and technology industries will also see good development opportunities.
    However, industries such as energy, finance, planting industry, and utilities may show relatively lagging performance.
    The comprehensive index will reach 1716 points by the end of next year
    Citi expects the FTSE Russell Comprehensive Index target to be 1716 points by the end of 2025, still with a 7% upside compared to the current level; earnings per share growth is estimated at 9%.
    On the investment advice front, analysts believe that it is advisable to pay attention to export-oriented enterprises, especially in the glove and technology industries, to hedge against the risks brought by the strong US dollar.
    Top stock pick for Citigroup Malaysia:
    Lian Chang International ( $CIMB (1023.MY)$
    Industrial Bank ( $RHBBANK (1066.MY)$
    Jinwuda ( $GAMUDA (5398.MY)$
    Mr.DIY ( $MRDIY (5296.MY)$
    Ma Telecom ( $TM (4863.MY)$
    柔佛医药保健( $KPJ (5878.MY)$)...
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    Petronas Chemicals Group $PCHEM (5183.MY)$ Amid a sharp increase in forex losses, in the third quarter of the 2024 fiscal year (ending in September), there was a shift from profit to loss, with a significant loss of 0.789 million ringgit, compared to a net profit of 0.424 million ringgit in the same period last year.
    This is also the first time Petronas Chemicals Group has incurred a quarterly loss since its IPO.
    Regardless, Petronas Chemicals Group recorded a revenue of 7.986 billion ringgit in the third quarter, a 17.72% year-on-year increase.
    In the first 9 months of the current financial year, Petronas Chemicals Group netted 0.656 billion ringgit, a sharp 58.59% year-on-year decline, while revenue increased by 8.20% year-on-year to 23.213 billion ringgit.
    Petronas Chemicals Group stated that due to the weakening of the US dollar against the ringgit, the company incurred unrealized foreign exchange losses when revaluing the accounts payable of its subsidiary Pengerang Petrochemical Company (PPC) and reassessing the shareholder loans issued to PPC, leading to the main reason for the third-quarter profit turning into loss.
    "PPC is a company operating in US dollars. Recently, the US dollar weakening against the ringgit has resulted in a forex loss of 0.536 billion ringgit on the revaluation of accounts payable, while the revaluation of shareholder loans has also caused a forex loss of 0.492 billion ringgit."
    The total forex loss amounts to 1.1 billion.
    In addition to other business forex losses, PetroChina Petrochemical faced a total forex loss of 1.1 billion ringgit in the third quarter.
    Under the impact of the aforementioned forex losses, PetroChina Petrochemical's other expenses in the third quarter surged from 2 million ringgit in the same period last year to 11 million ringgit...
    Translated
    National Petroleum Chemicals (Petronas Chemicals Group) posted a quarterly loss for the first time since its IPO, with a huge loss of 0.79 billion.
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    $JPG (5323.MY)$   $TSH (9059.MY)$ $MKHOP (5319.MY)$ $Agribusiness Sector (LIST22905.MY)$
    In summary of the following report, although Malaysia has closed some overseas palm oil offices, the government will still use other methods, such as the Minister of Agriculture actively promoting and lobbying to inform everyone of the benefits of palm oil, especially in these important markets in Europe. At the same time, the MADANI government will also provide some incentives to plantation companies, such as tax reductions and promotion of advanced technology, to help companies save costs and improve efficiency.
    For plantation stocks, this may be good news, as increased exports and reduced costs may allow companies to earn more money and stock prices may also improve.However,If these promotions are ineffective, or if europe's policy on palm oil does not change, there may still be pressure on the stock price.
    So, overall, these measures help make the agriculture industry more competitive, but it still takes time to see the effects. Stay tuned.
    Translated
    The government's positive policies and actions towards the palm oil industry.
    The government's positive policies and actions towards the palm oil industry.
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    Due to limited expansion of return on equity (roe), coupled with possible interest rate cuts next year, local banks may face pressure on net interest margin. Analysts believe that the prospects of bank stocks are mediocre, especially for the leading Maybank. $MAYBANK (1155.MY)$ Cautioning investors, suggesting reducing holdings!
    The latest analysis report from Malaysian investment banks suggests that the banking industry may cool down next year, with a sector rating of only 'neutral'. Maybank, with a high valuation, is likely to be the first to feel the impact, with the target price plummeting from the original 10.80 ringgit to 8.85 ringgit; the rating has also been downgraded to 'shareholding'.
    The analyst stated that the reason for slashing the target price of the bank was not only due to the pressure on the return on equity, but also because the stock price of the bank was at a relatively high level compared to its book value.
    In addition, the bank's operating income, compared to 6.9% in the 2024 fiscal year, is expected to drop significantly to 3% in the 2025 fiscal year, mainly due to a slowdown in funding and market income.
    Therefore, in view of the various downside risks, analysts have lowered the target price and rating of Ma Bank.
    Investing in banks with high roe is the strategy.
    Overall, in the banking sector, analysts believe that banks with high return on equity and high liquidity will be one of the key investment focuses given the current situation.
    Analysts pointed out that by the 2025 fiscal year, the return on equity (ROE) had only increased from 9.4% to 9.7%, mainly due to the core net profit of banks, expected to decrease from this year's 7% to 6....
    Translated
    Banks are expected to face a downturn next year. Analysts suggest reducing shareholding of MAYBANK!
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