$GCB (5102.MY)$$TCHONG (4405.MY)$$KPJ (5878.MY)$ The stronger ringgit is benefiting importers in the automotive, consumer, and healthcare sectors by lowering the cost of imported materials. Companies like Sime Darby, Tan Chong Motor, Berjaya Food, and Apex Healthcare are seeing potential earnings growth. However, tech and oil companies like Inari Amertron and Yinson Holdings, which rely on USD sales, are facing...
AmInvestment Bank suggests 'underweight' on Tan Chong stock due to ongoing losses and a weak ringgit. The bank also highlights increasing competition in the industry with the entry of various Chinese car models. Five out of seven analysts covering Tan Chong rated the stock 'sell' with the remaining two recommending a 'hold' call. The median 12-month target price stood at 78 sen, a potential of over 20% from the current share price. AmInvestment emphasizes that new car model launches are crucial ...
Good morning mooers! Here are things you need to know about today's market: ●US stocks wobble as investors weigh signs of consumer resilience amid higher black friday spending ●Foreign funds continue to pick up Malaysian equities ●Stocks to watch: Heineken, UMW Holdings -moomoo News MY Wall Street Summary US stocks wobbled Monday, pausing a four-week winning streak, as investors weighed signs whether consum...
TCHONG Stock Forum
The stronger ringgit is benefiting importers in the automotive, consumer, and healthcare sectors by lowering the cost of imported materials. Companies like Sime Darby, Tan Chong Motor, Berjaya Food, and Apex Healthcare are seeing potential earnings growth.
However, tech and oil companies like Inari Amertron and Yinson Holdings, which rely on USD sales, are facing...
●US stocks wobble as investors weigh signs of consumer resilience amid higher black friday spending
●Foreign funds continue to pick up Malaysian equities
●Stocks to watch: Heineken, UMW Holdings
-moomoo News MY
Wall Street Summary
US stocks wobbled Monday, pausing a four-week winning streak, as investors weighed signs whether consum...
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