$DAYANG (5141.MY)$
It is the foreign fund managers off-loading. Once the volume drops which means that they have stopped selling.
It is the foreign fund managers off-loading. Once the volume drops which means that they have stopped selling.
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Ashitaba明日叶
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Columns Sales are bullish, costs are falling, and the profit momentum of consumer stocks is improving
(KUALA LUMPUR, 12th) Although Malaysian consumer stocks lost their performance in the 3rd quarter of this year, some investment banks believe that in the future, consumer stocks will improve their performance with the help of holidays, while stabilizing the job market and other fundamentals will support longer-term growth.
An analyst at CIMC International Securities pointed out that the holiday in the final quarter will provide impetus to the consumer sector and increase sales. Therefore, related companies are expected to deliver quarterly stronger performance in the final quarter.
“At the same time, consumer goods companies are expected to benefit from higher operating leverage, more profitable sales product portfolios, and continued efforts to focus on cost efficiency to reap higher earnings in the final quarter.”
Furthermore, the analyst believes that as the Ringgit strengthens, some consumer stocks are expected to benefit.
“Ringgit increase in the value of MYR can reduce Farm Fresh ( $FFB (5306.MY)$ ) and Quanli Resources ( $QL (7084.MY)$ ) and other animal husbandry companies will also reduce feed costs for Bardini Holdings ( $PADINI (7052.MY)$ ), Mr. DIY ( $MRDIY (5296.MY)$ ) and Baoli Agency ( $BONIA (9288.MY)$ ) Import costs for other operators.”
Looking ahead to next year, the analyst predicts that the momentum of the final quarter of this year will continue until the first half of 2025.
“Some of next year's festivals will fall earlier, which may prompt consumers to make purchases in advance, thereby boosting market demand in the first half of the year.”
Analysts also said that next year, China's consumption...
An analyst at CIMC International Securities pointed out that the holiday in the final quarter will provide impetus to the consumer sector and increase sales. Therefore, related companies are expected to deliver quarterly stronger performance in the final quarter.
“At the same time, consumer goods companies are expected to benefit from higher operating leverage, more profitable sales product portfolios, and continued efforts to focus on cost efficiency to reap higher earnings in the final quarter.”
Furthermore, the analyst believes that as the Ringgit strengthens, some consumer stocks are expected to benefit.
“Ringgit increase in the value of MYR can reduce Farm Fresh ( $FFB (5306.MY)$ ) and Quanli Resources ( $QL (7084.MY)$ ) and other animal husbandry companies will also reduce feed costs for Bardini Holdings ( $PADINI (7052.MY)$ ), Mr. DIY ( $MRDIY (5296.MY)$ ) and Baoli Agency ( $BONIA (9288.MY)$ ) Import costs for other operators.”
Looking ahead to next year, the analyst predicts that the momentum of the final quarter of this year will continue until the first half of 2025.
“Some of next year's festivals will fall earlier, which may prompt consumers to make purchases in advance, thereby boosting market demand in the first half of the year.”
Analysts also said that next year, China's consumption...
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Ashitaba明日叶
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$Super Micro Computer (SMCI.US)$ Is it possible to exceed 60 tonight? If so, I will send one share of SMCI per person, mainly for those who liked this comment.
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