VELESTO: Strong Quarterly Performance Driven by Higher Utilization, Target Price Raised

Financial News Report VELESTO: Strong Quarterly Performance Driven by Higher Utilization, Target Price Raised Investment Bank TA SECURITIES TP (Target Price) RM0.26 (+8.3%) Last Traded RM0.24 Recommendation BUY A leading oil and gas services firm has reported its 9MFY25 financial results within expectations, with a notable surge in third-quarter profitability driven by enhanced operational efficiencies…

MFCB: Operational Resilience Drives Strong Quarterly Gains, Target Price Revised Upwards

“`html Investment Report Summary MFCB: Operational Resilience Drives Strong Quarterly Gains, Target Price Revised Upwards Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY The company demonstrated significant operational resilience in its latest quarter, with net profit expanding by a robust 42.6% quarter-on-quarter to RM120.9 million in 3QFY25. This strong…

MPI: Earnings Exceed Expectations on Robust Demand and Cost Controls, Buy Rating Maintained

Financial News Report MPI: Earnings Exceed Expectations on Robust Demand and Cost Controls, Buy Rating Maintained Key Information Details Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A leading industry player has reported robust first-quarter fiscal year 2026 (1QFY26) results, with core profit after tax and minority interest (PATAMI)…

PMETAL: Strong Earnings Driven by Cost Efficiencies, Outlook Positive

Financial News Report PMETAL: Strong Earnings Driven by Cost Efficiencies, Outlook Positive Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A recent investment bank research report indicates a robust financial performance for the third quarter of 2025, with core profit significantly exceeding expectations. The strong results were primarily attributed…

QES: Company Sets Stage for Future Turnaround with Key Deals and Operational Efficiencies

Financial News Update QES: Company Sets Stage for Future Turnaround with Key Deals and Operational Efficiencies Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Despite a “below par” performance in the third quarter of fiscal year 2025 (3QFY25) primarily due to a slowdown in local semiconductor activities, the company…

SIMEPROP: Property Developer’s Robust Sales Drive Earnings Momentum

“`html Property Developer’s Robust Sales Drive Earnings Momentum SIMEPROP: Property Developer’s Robust Sales Drive Earnings Momentum Investment Bank RHB Investment Bank TP (Target Price) MYR2.33 (+75.2%) Last Traded MYR1.33 Recommendation BUY Sime Darby Property (SDPR) has reported a strong performance for the third quarter of 2025 (3Q25), with its earnings meeting market expectations. The positive…

MAGNUM: Earnings Outperform Estimates on Interest Savings Amidst Challenging Market

“`html Investment Bank Research Report Summary MAGNUM: Earnings Outperform Estimates on Interest Savings Amidst Challenging Market Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A recent investment bank research report indicates that while 9M25 core earnings surpassed expectations, the company continues to navigate a challenging market landscape. The positive…

AEON: Retailer Anticipates Strong 4Q Performance, BUY Rating Maintained

Retailer Poised for Strong 4Q Performance AEON: Retailer Anticipates Strong 4Q Performance, BUY Rating Maintained Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY TA Securities has reaffirmed its “BUY” recommendation, anticipating a robust fourth-quarter performance for the retailer. This positive outlook is underpinned by the sustained resilience of its…

HEGROUP: New Solar Contract Reinforces Outlook, Target Price Affirmed

Financial News: New Solar Contract Reinforces Outlook HEGROUP: New Solar Contract Reinforces Outlook, Target Price Affirmed Investment Bank TA SECURITIES TP (Target Price) RM0.51 (+37.8%) Last Traded RM0.37 Recommendation BUY HE Group (HEG) has announced a significant contract win in the renewable energy sector, securing a RM13.4 million Engineering, Procurement, Construction, and Commissioning (EPCC) contract…

SAMAIDEN: Solid Project Pipeline Fuels Optimistic Outlook, ‘BUY’ Rating Affirmed

Financial News Update SAMAIDEN: Solid Project Pipeline Fuels Optimistic Outlook, ‘BUY’ Rating Affirmed Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY TA Securities has reiterated its “BUY” recommendation for Samaiden Group Berhad, maintaining a target price of RM1.96. The investment bank’s positive outlook is driven by the company’s robust…