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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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Hi, mooers!
Tenaga Nasional Bhd $TENAGA (5347.MY)$ is expected to release its latest quarterly earnings on November 28*. How will the market react to the power company's results? Vote your answer to participate!
*The exact release date depends on the company's announcement.
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An equal share of 5,000 points: For mooers who correctly guess the price range of $TENAGA (5347.MY)$'s closing price on 28 November!
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Tenaga Nasional Bhd $TENAGA (5347.MY)$ is expected to release its latest quarterly earnings on November 28*. How will the market react to the power company's results? Vote your answer to participate!
*The exact release date depends on the company's announcement.
🎁 Rewards
An equal share of 5,000 points: For mooers who correctly guess the price range of $TENAGA (5347.MY)$'s closing price on 28 November!
(Vot...
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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...
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...
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Hi, mooers!
YTL Power $YTLPOWR (6742.MY)$ is expected to release its latest quarterly earnings on November 26*. How will the market react to the company's results? Vote your answer to participate!
*The exact release date depends on the company's announcement.
🎁 Rewards
An equal share of 5,000 points: For mooers who correctly guess the price range of $YTLPOWR (6742.MY)$'s closing price on 26 November!
(Vote will clos...
YTL Power $YTLPOWR (6742.MY)$ is expected to release its latest quarterly earnings on November 26*. How will the market react to the company's results? Vote your answer to participate!
*The exact release date depends on the company's announcement.
🎁 Rewards
An equal share of 5,000 points: For mooers who correctly guess the price range of $YTLPOWR (6742.MY)$'s closing price on 26 November!
(Vote will clos...
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can anyone give ytl this medicine.......
can anyone give ytl this medicine.......
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