Good morning mooers! Here are things you need to know about today's market:
●Indexes Mixed, $S&P 500 Flat, $Tesla Climbs 12.1% Despite Earnings Miss
●Brighter Macroeconomic Prospects Boost Outlook for Malaysia Risk Assets
●Stocks to watch: United Plantations, Hibiscus Petroleum
-moomoo News MY
Wall Street Summary
Indexes climbed, fell, and finished flat before yet another massive day of after-hours earnings on ...

You may think that being a privatized port operator for the whole of Sabah would make Suria Capital a company with good returns. Unfortunately over the past 12 years, the company only achieved an average ROE of 6%.
In fact quite a substantial part of its profits came from non-port operations such as property and investments.
I think this is because the economic activities in Sabah is not as developed as those in Peninsular Malaysia. While it is a growi...

AmInvestment Bank Research maintains 'buy' call on Suria Capital, raising its fair value to RM2.55 per share from RM2.27. The firm's plan to develop an international cruise terminal at Kota Kinabalu Port is seen as a strategic move to capitalize on the area's development as a major transportation and tourist hub.

The joint venture is expected to contribute positively to Suria Capital's future revenue stream, earnings, and profitability. Given the strategic location and positive prospects of the property market in Sabah, the joint venture anticipates robust demand and growth potential.