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Good morning mooers! Here are things you need to know about today's market:
●Fed's Preferred Inflation Measure May Reignite Interest Rate Cut Talk
●Local Retailers Record 11th Straight Week of Net Selling on Bursa Malaysia
●Johor Plantations Group Plans IPO for 2024 Listing on Bursa Malaysia Main Market
●Stocks to watch: YTL Power, MGB, AMMB
-moomoo News MY
Wall Street Summary
The release of the Federal ...

Broker: Bank of Malaysia Investment Bank Research
Investment advice: buy
Target price: RM2.45
Closing price: RM1.80 (as of May 10)
Earnings per share: 8.2 cents (FY2025 estimate)
Cost to profit ratio: 21.7 times (estimated for FY2025)
Dividend yield: 2.5% (FY2025 estimate)