Investment Highlights:
Kucingko Bhd (KB) has a strong 17-year track record in the 2D animation industry, known for producing world-class animations that meet the standards of renowned clients such as Warner Bros., Cartoon Network, and Xilam Animation. With a significant expansion plan and a rising demand for digital entertainment, KB is poised for substantial growth.
Financial Projections:
For the fiscal years 2024 and 2025, ...

Inari Amertron Bhd (KL:INARI) topped the list with the highest net short position with 54.72 million shares shorted as of July 2, according to data from Bursa Malaysia. 
Analysts and fund managers contacted by The Edge attributed Inari’s net short positions to hedging, arbitrage by sophisticated traders and profit-seeking activities. Despite the high number of shorted shares, they noted that this represents only 1.45% of Inari's total issue...

Hong Leong Investment Bank Bhd (HLIB) remains optimistic on Hiap Teck Venture Bhd's earnings prospects, supported by the pending rollout of mega infrastructure projects and robust private sector job flows in Malaysia. 
Other factors influencing Hiap Teck's performance include rising capacity utilisation at Eastern Steel Sdn Bhd's  (ESSB) bottom line, and weak demand sentiment for steel products in China, which may have bottomed.
As such, HLIB red...

Glomac Bhd's (KL:GLOMAC) latest financial year ended below market expectations, prompting two of three research houses covering the stock to downgrade it on limited upside following a recent rally.
All three research houses slashed their earnings forecasts with core net profit for the year ended April 30, 2024 (FY2024) coming in 53% lower than the consensus forecasts. AmInvestment Bank noted the Glomac's below-view earnings and l...

OCR Group Berhad reported a revenue of RM34.0 million and a profit before tax (PBT) of RM0.86 million for the quarter ended 31 March 2024. This represents a slight decrease compared to the revenue of RM35.9 million and PBT of RM0.88 million in the same quarter of the previous year.
The decline in revenue is primarily due to the completion of a significant construction project in 2023, with no new construction projects commencing in the current financia...

(From left to right) Executive Director of Kucingko Berhad, Mr. See Chin Joo, Executive Director, Head of Group Investment Banking and Islamic Banking of Kenanga IB, Datuk Roslan Hj Tik, Executive Director of Kucingko Berhad, Mr. Ooi Kok Hong
Kucingko Bhd, a company offering 2D animation production services, has entered into an underwriting agreement with Kenanga Investment Bank Bhd for its forthcoming initial public of...

Hartalega Holdings Bhd (KL:HARTA) notched a turnaround in its final quarter thanks partly to a provision reversal that also helped to bring the world’s second-largest glovemaker by volume back into the black for the year.
Net profit for the three months ended March 31, 2024 (4QFY2024) totalled RM15.12 million compared to a net loss of RM334.97 million over the same period a year earlier, Hartalega said in an exchange filing. In addition to the reversal ...

The government will allocate RM9.5 million to implement a new cocoa plantation project and cocoa farm recovery project, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani. 
Johari said the new cocoa plantation will cover an area of 350 hectares, while the cocoa farm recovery project will encompass 2,126 hectares. 
"When they (smallholders) benefit from replanting projects, I hope the country's cocoa expo...