Kuala Lumpur Kepong [Fairly Valued Now; D/G To NEUTRAL] Shariah Compliant 9 July 2025 Kuala Lumpur Kepong (KLK MK) Fairly Valued Now; D/G To NEUTRAL Malaysia Company Update Agriculture | Plantation Neutral (from Buy) Target Price (Return): MYR20.65 (-1%) Price (Market Cap): MYR20.80 (USD5,492m) ESG score: 3.2 (out of 4) Avg Daily Turnover (MYR/USD) 7.68m/1.79m…
SkyWorld Dev. Group Bhd [A Step Closer to Penang Affordable Housing] Company Update Wednesday, July 9, 2025 Ng Hong Tong hongtong@mersec.com.my Main Market Property Sector BUY TP: RM0.64(→) Last Closing Price: RM0.44 A Step Closer to Penang Affordable Housing SkyWorld has acquired a 25.9-acre land in Bandar Cassia, Penang from PDC for RM48.5m. This deal…
“`html IOI Corp (ΙΟΙ ΜΚ) Report IOI Corp (ΙΟΙ ΜΚ) [Malaysia Company Update: Undervalued Big Cap, BUY Maintained] RHB 9 July 2025 Malaysia Company Update Agriculture | Plantation Shariah Compliant IOI Corp (ΙΟΙ ΜΚ) Undervalued Big Cap; Keep BUY Maintain BUY, with new MYR4.30 from MYR4.60 TP, 15% upside and c.3% FY26F (Jun). We expect…
TSH Resources Malaysia Company Update TSH Resources Malaysia Company Update RHB Small Cap Asean Research 9 July 2025 Agriculture | Plantation Shariah Compliant TSH Resources (TSH MK) Limited Growth Visibility Maintain NEUTRAL, with new MYR1.10 TP from MYR1.15, 1% downside. We expect 2026 to be a more balanced year fundamentally, with lower YoY CPO prices,…
“`html RHB Plantation Sector Report RHB Plantation Sector: More Even Fundamentals; Geopolitical Risks Remain 9 July 2025 Plantation More Even Fundamentals; Geopolitical Risks Remain Regional Sector Update Agriculture | Plantation Neutral (from Overweight) Downgrade to NEUTRAL from Overweight; Top Picks: Value plays – Johor Plantations (JPG), Sarawak Oil Palms (SOP), IOI Corp (IOI) and London…
# Sarawak Oil Palms: Solid Fundamentals, Appealing Valuation; Keep BUY 9 July 2025 Sarawak Oil Palms (SOP MK) Agriculture | Plantation Solid Fundamentals, Appealing Valuation; Keep BUY Keep BUY, with new MYR3.80 from MYR4.80 TP, 22% upside and c.4% FY26F yield. We expect 2026 to be a more balanced year fundamentally, with lower YoY CPO…
“`html A.K. KOH Group Financial Report Analysis A.K. KOH Group’s Debut Report: Solid Profits and a Dividend Surprise Ahead of ACE Market Listing As A.K. KOH Group Berhad (A1AKK) gears up for its much-anticipated debut on the ACE Market, the company has released its first interim financial report for the period ended March 31, 2025….
AEONCR (5139): Déjà Vu in Earnings, Strong Growth Ahead Summary (TL;DR): Research Firm: RHB Investment Bank Subject: AEONCR / AEONCR (5139) Core Rating: BUY Target Price / Top Picks: MYR 8.10 One-Liner: Despite a 1QFY26 earnings miss due to higher-than-expected credit costs, AEON Credit Service maintains a BUY rating as underlying asset quality improves, signaling…
TAANN (5012): Navigating Volatility with a Breakeven Timber Segment Summary (TL;DR): Research Firm: RHB Investment Bank Subject: TAANN / TAANN (5012) Core Rating: HOLD Target Price / Top Picks: MYR 3.60 One-Liner: RHB maintains a Neutral rating on Ta Ann, expecting a more balanced fundamental year in 2026 with volatile CPO prices and a breakeven…
“`html YTLPOWR (6742): Powering Future Growth with Data Centres and Resilient Utilities Summary (TL;DR): Research Firm: HLG Investment Bank Subject: YTLPOWR / YTLPOWR (6742) Core Rating: BUY Target Price / Top Picks: MYR 5.02 One-Liner: HLIB Investment Bank maintains a ‘BUY’ rating on YTLPOWR, forecasting sustained earnings driven by robust data centre expansion, improved performance…
