RHB maintains a "BUY" rating on YTL Power following a site visit to the company's green data centre park in Kulai, Johor. The analysts maintain their target price of MYR3.40 per share.
YTL Power's 500MW green data centre park in Kulai, Johor, which began in December 2021, continues to expand rapidly. Johor Data Centre 1 (JDC1) commenced opera...
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RHB reiterates a "BUY" rating on Axiata with a sum-of-parts (SOP) derived target price of MYR3.40, offering a 44% upside potential. The merger of XL Axiata with Smartfren marks a significant milestone in Axiata's portfolio optimization strategy, potentially reshaping Indonesia's telecom landscape.
Axiata's subsidiary XL Axiata (XL) will merge with Smartfre...
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RHB reiterates a "BUY" rating on Gamuda with a target price of MYR11.67, offering 22% upside and a 2% FY25F yield. The company is favored for its steady job wins and increasing higher-margin domestic projects, supporting a three-year earnings CAGR of 21% (FY24-27F).
Gamuda's 1QFY25 core net profit of MYR200m (+6.5% YoY) made up 19% of RHB's estimates. Results are deemed in li...
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Despite YTL Power's 1QFY25 results falling short of expectations, RHB maintains a "BUY" rating on the stock with a revised target price from MYR5.68 to MYR4.70. This adjustment reflects a potential 47% upside compared to the current market price and offers an approximate 2% FY25F (ending June) dividend yield. The moderation in net profit is anticipated to be largely offset by e...
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RHB Group has conducted a comprehensive analysis of Supermax $SUPERMX (7106.MY)$ and has recommended maintaining a 'Buy' rating.
Company Introduction:
Supermax Corp (SUCB MK) is recognized as one of the world's top four glove manufacturers, specializing in the production of both latex and nitrile gloves. The company operates within the consumer cyclical sector, specifically in the rubber products industry. The company has established a strong presence in th...
Supermax Corp (SUCB MK) is recognized as one of the world's top four glove manufacturers, specializing in the production of both latex and nitrile gloves. The company operates within the consumer cyclical sector, specifically in the rubber products industry. The company has established a strong presence in th...
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RHB Group has conducted a comprehensive analysis of Hartalega $HARTA (5168.MY)$ , Malaysia’s leading rubber products manufacturer. RHB Group recommends maintaining a “Buy” rating.
Company Overview
Hartalega operates in the consumer cyclical sector, focusing on rubber products, particularly gloves. The company has shown resilience despite recent market challenges.
Financial Performance and Outlook
– Revenue Trends: Hartalega's revenue is expected ...
Hartalega operates in the consumer cyclical sector, focusing on rubber products, particularly gloves. The company has shown resilience despite recent market challenges.
– Revenue Trends: Hartalega's revenue is expected ...
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MIDF Research has released a comprehensive report on Sunway Berhad $SUNWAY (5211.MY)$ , covering its financial performance, recent project wins, and strategic initiatives. The report maintains a "Neutral" rating for Gamuda, setting a target price of RM4.24.
Company Introduction:
Sunway Berhad $SUNWAY (5211.MY)$ , a company listed on the Main Board of Bursa Malaysia, is a Malaysian property-construction corporation. The c...
Sunway Berhad $SUNWAY (5211.MY)$ , a company listed on the Main Board of Bursa Malaysia, is a Malaysian property-construction corporation. The c...
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MIDF Research has released a research report on Public Bank Berhad $PBBANK (1295.MY)$ , maintaining a 'Buy' rating and setting a target price of RM5.16, with an expected total return of 17.2%.
Company Introduction
Public Bank Berhad $PBBANK (1295.MY)$ , a prominent financial institution in Malaysia, has been a cornerstone in the country's banking sector since its establishment. The bank is renowned for its robu...
Public Bank Berhad $PBBANK (1295.MY)$ , a prominent financial institution in Malaysia, has been a cornerstone in the country's banking sector since its establishment. The bank is renowned for its robu...
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MIDF Research has released a comprehensive research report on Top Glove Corporation Berhad $TOPGLOV (7113.MY)$ , highlighting its financial achievements. The report maintains a 'SELL' rating for Top Glove and keeps the target price unchanged at RM0.82.
Company Introduction
Top Glove $TOPGLOV (7113.MY)$ is the world's largest manufacturer of disposable gloves by volume, specializing in latex, nitrile, vinyl, and neoprene gl...
Top Glove $TOPGLOV (7113.MY)$ is the world's largest manufacturer of disposable gloves by volume, specializing in latex, nitrile, vinyl, and neoprene gl...
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MIDF Research has released a research report on LPI Capital Berhad $LPI (8621.MY)$ , maintaining a 'Buy' rating and setting a target price of RM14.52. This decision is based on the company's financial performance, recent project wins, and strategic initiatives.
Company Introduction:
LPI Capital Berhad $LPI (8621.MY)$, a company within the Financial Services sector. It is noted for wholly owning Lonpac Insurance Bhd, a ...
LPI Capital Berhad $LPI (8621.MY)$, a company within the Financial Services sector. It is noted for wholly owning Lonpac Insurance Bhd, a ...
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