Gamuda: Second Recurring Income Project in Malaysia AmInvestment Bank CONSTRUCTION GAMUDA (GAM MK EQUITY, GAMU.KL) 17 Jul 2025 Second Recurring Income Project in Malaysia. BUY Price: RM5.03 Target Price: RM5.50 Liew Jin Sheng liew.jin-sheng@ambankgroup.com +603 2036 1687 Rationale for report: Company Update Quick Take Quick Take YE to Jul FY24 FY25F FY26F FY27F FD Core…
PhillipCapital Plantation Sector Report P PhillipCapital SD Guthrie, Sarawak Plantation Berhad: Neutral Sector Outlook Amid Tariff Shift on Indonesia MALAYSIA | SECTOR | NEUTRAL 17 July 2025 Indonesia’s reduced tariff rate to 19% (vs. Malaysia’s prevailing 25%) narrows competitive advantage in the US market. While Malaysia’s planters’ low direct exposure to the US market helps…
Gamuda Berhad: Water Flows, Earnings Grow ► TA SECURITIES A MEMBER OF THE TA GROUP COMPANY UPDATE Thursday, July 17, 2025 FBMKLCI: 1,511.50 Sector: Construction Gamuda Berhad Water Flows, Earnings Grow Raymond Ng Ing Yeow Tel: +603-2167 9601 raymondng@ta.com.my www.taonline.com.my Target Price TP: RM6.43 (+27.8%) Last Traded RM5.03 Buy (ESG: ★★★★) GAMUDA JV Secures RM5bn…
FM GLOBAL LOGISTICS HOLDINGS BHD: Initiation Report on Sustainable Growth FM GLOBAL LOGISTICS HOLDINGS BHD: Initiation Report on Sustainable Growth PUBLIC INVESTMENT BANK 12-month Target Price: RM0.56 Current Price: RM0.56 Expected Return: Market: Main Sector: Transportation and Logistics Bursa Code: 7210 Shariah-compliant: Yes Neutral Thursday, July 17, 2025 FM Global Logistics Holdings Bhd (FM Global)…
Gamuda (GAM MK) Company Update by RHB RHB Shariah Compliant 17 July 2025 Gamuda (GAM MK)Set To Make a Huge Splash In Perak; BUY Malaysia Company Update Construction & Engineering | Construction Buy (Maintained) Target Price (Return): MYR5.86 (17%) Price (Market Cap): MYR5.03 (USD6,846m) ESG score: 3.4 (out of 4) Avg Daily Turnover (MYR/USD): 95.4m/22.4m…
Hartalega (HART MK) Results Preview RHB Shariah Compliant Malaysia Results Preview Consumer Cyclical | Rubber Products Hartalega (HART MK): Headwinds Ahead; Keep SELL 16 July 2025 Maintain SELL with a lower MYR1.33 TP (DCF) from MYR1.74, 15% downside. Hartalega is set to announce its 1QFY26 (Jun) quarterly results on 5 August. We expect its profit…
Supermax Corp (SUCB MK) – Malaysia Results Preview RHB Small Cap Asean Research Malaysia Results Preview Consumer Cyclical | Rubber Products 16 July 2025 Supermax Corp (SUCB MK): Bleak Prospects Ahead; Maintain SELL Maintain SELL, DCF-derived TP drops to MYR0.54 from MYR0.64, 16% downside. We expect Supermax to remain in red for the subsequent quarter,…
Telekom Malaysia (T MK) – Growth still on the table Telekom Malaysia (T MK): Growth still on the table MALAYSIA | TELECOMS | UPDATE P PhillipCapital 16 July 2025 We left a recent management meeting with positive views, underpinned by TM’s long-term structural growth prospects across both Unifi and TM Global TM is on track…
PGF Capital Berhad Company Update ► TA SECURITIES A MEMBER OF THE TA GROUP COMPANY UPDATE Wednesday, July 16, 2025 FBMKLCI: 1,525.40 Sector: Building Material THIS REPORT IS STRICTLY FOR INTERNAL CIRCULATION ONLY* PGF Capital Berhad: Insulated 1QFY26 Earnings Insulated 1QFY26 Earnings Tan Kam Meng, CFA Tel: +603-2167 9605 kmtan@ta.com.my www.taonline.com.my Target Price RM2.99 (+66.8%)…
Kossan Rubber: Unexciting Outlook; Downgrade To SELL RHB Malaysia Results Preview Consumer Cyclical | Rubber Products 16 July 2025 Shariah Compliant Kossan Rubber (KRI MK): Unexciting Outlook; Downgrade To SELL Sell (from Neutral) Target Price (Return): MYR1.23 (-15%) Price (Market Cap): MYR1.44 (USD858m) ESG score: 2.8 (out of 4) Avg Daily Turnover (MYR/USD): 6.50m/1.52m Analyst…
