Financial News Update GAMUDA: Major Data Centre Contract Fuels Growth, Investment Bank Reiterates ‘Buy’ Rating Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A leading contractor has secured a significant RM2.1 billion contract for the development of a hyperscale data centre in Eco Business Park V, Selangor. The project,…
Financial News Report SDS: Cost Efficiencies Drive Earnings Beat Despite Revenue Headwinds Investment Bank PUBLIC INVESTMENT BANK BERHAD TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY SDS Group Berhad reported a core net profit of RM7.03 million for the first quarter of fiscal year 2026 (1QFY26), marking a 19.4% year-on-year decline. Despite the…
“`html Financial News Update HIBISCS: Earnings Beat Expectations on Cost Efficiencies, Target Price Raised Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A Malaysian-listed energy company reported robust financial performance, with its fourth quarter and full fiscal year 2023 core net profit exceeding market expectations. The strong results were…
Investment Bank Research Summary CSCSTEL: Core Earnings Outperform on Cost Controls, Investment Bank Upgrades Recommendation Investment Bank TA SECURITIES TP (Target Price) RM1.23 (+16.0%) Last Traded RM1.06 Recommendation BUY A prominent steel sector player’s core earnings for the first half of fiscal year 2025 (1HFY25) largely met analysts’ expectations, reaching RM27.6 million, or 54.6% of…
Financial News Report CIMB: Strong Core Performance Sustains Earnings, Positive Outlook Despite FX Headwinds Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY CIMB Group reported 6MFY25 results that met expectations, driven by stable net interest margin (NIM), resilient asset quality, and well-managed operating expenses. Despite a 0.9% year-on-year decline…
Financial News Report GAMUDA: Major Contract Win Boosts Order Book, Outlook Steady Investment Bank PublicInvest Research TP (Target Price) RM6.20 (+11.5%) Last Traded RM5.56 Recommendation Outperform A leading construction firm has secured a significant RM2.1 billion contract to build two data centre blocks. This substantial award is for Eco World Development Group’s wholly-owned subsidiary, Quantum…
Financial News Report TM: Telecommunications Group Posts Expected Profit Amid Revenue Softness, Buy Rating Affirmed Investment Bank TA SECURITIES TP (Target Price) RM8.30 (+18.2%) Last Traded RM7.02 Recommendation BUY A leading telecommunications group reported core profit for the first half of FY25 (IHFY25) that was largely in line with market expectations. This performance, achieved despite…
“`html Financial News Update TM: Cost Efficiencies Drive 1H25 Profit Amid Revenue Dip Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY The company reported a core profit of RM876 million for the first half of 2025 (1H25), marking a 3% year-on-year increase. This performance was largely in line with…
Automotive Group Q2 Results Review TCHONG: Automotive Group Reports In-Line Q2 Results Amid Persistent Challenges, ‘SELL’ Rating Maintained Investment Bank MBSB RESEARCH TP (Target Price) RM0.34 (-41.4%) Last Traded RM0.58 Recommendation SELL MBSB Research reported that Tan Chong Motor Holdings Berhad’s 2QFY25 results aligned with market expectations, with the automotive group continuing to navigate a…
Financial News Report CIMB: Financial Group Delivers Solid Half-Year Results, Buy Rating Affirmed Investment Bank TA SECURITIES TP (Target Price) RM8.45 (+13.7%) Last Traded RM7.43 Recommendation BUY A prominent financial conglomerate reported a 1HFY25 net profit of RM3,862 million, marking a slight 0.9% year-on-year contraction. Despite this minor dip, the results were well within expectations,…
