PPB: Group Reports 1HFY24 Core Earnings Within Expectations Amid Segmental Headwinds

“`html Financial News Article PPB: Group Reports 1HFY24 Core Earnings Within Expectations Amid Segmental Headwinds Investment Bank TA SECURITIES TP (Target Price) RM9.01 (+3.56%) Last Traded RM8.70 Recommendation BUY The group’s core PATAMI for the first half of fiscal year 2024 (1HFY24) reached RM638.4 million, aligning with both the bank’s and consensus expectations. This performance…

ABMB: Solid Financial Performance Driven by Operating Income Growth

“`html Financial News Report ABMB: Solid Financial Performance Driven by Operating Income Growth Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY The financial institution reported an encouraging set of IQFY26 results, with net profit rising 12.5% year-on-year (YoY) to RM198.7 million. This performance was primarily underpinned by significant growth…

GENP: Earnings Meet Expectations Despite Downstream Headwinds

“`html Financial News Report GENP: Earnings Meet Expectations Despite Downstream Headwinds 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 core earnings for the first half of 2025 grew significantly and met market expectations, driven by robust performance in its upstream plantation…

GENP: Earnings Within Estimates Drive ‘Buy’ Upgrade as Oil Palm Sector Outperforms

Financial News Report GENP: Earnings Within Estimates Drive ‘Buy’ Upgrade as Oil Palm Sector Outperforms Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A leading investment bank has upgraded its recommendation for a key plantation counter to BUY, revising its target price to RM4.38 from RM3.98. The upgrade follows…

SIME: Cost Management Drives Strong Quarterly Results, Full-Year Profit Margins Under Pressure

Financial News Report SIME: Cost Management Drives Strong Quarterly Results, Full-Year Profit Margins Under Pressure Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY The company announced its 4QFY25 results, which significantly exceeded market expectations, primarily driven by robust cost management and exceptional contributions. Core net profit for the quarter…

KLK: Plantation Sector Drives Earnings Beat Amidst Manufacturing Recovery

Financial News Report KLK: Plantation Sector Drives Earnings Beat Amidst Manufacturing Recovery Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A leading plantation conglomerate reported a significant year-on-year increase in its core net profit for the first nine months of its financial year 2025 (9MFY25), largely driven by robust…

MRCB: Operational Challenges Cloud Recent Performance, But Robust Order Book Signals Future Growth

“`html Investment Report Summary MRCB: Operational Challenges Cloud Recent Performance, But Robust Order Book Signals Future Growth Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Despite reporting a second-quarter performance below expectations, the company demonstrates strong future visibility underpinned by a robust order book and strategic growth initiatives. The…

RGB: Earnings Miss Expectations on Softer Sales, BUY Rating Maintained Despite Lower Target Price

Financial News Report RGB: Earnings Miss Expectations on Softer Sales, BUY Rating Maintained Despite Lower Target Price Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY PhillipCapital’s latest research report reveals that the company’s 6M25 core profit after tax and minority interests (PATAMI) of RM25.4 million significantly underperformed expectations, falling…

ABMB: First Quarter Results Align with Forecasts, Loan Growth Mitigates Margin Pressure

Financial News Report ABMB: First Quarter Results Align with Forecasts, Loan Growth Mitigates Margin Pressure Investment Bank PUBLIC INVESTMENT BANK TP (Target Price) RM4.50 (-0.2%) Last Traded RM4.51 Recommendation NEUTRAL Alliance Bank Malaysia Berhad (ABMB) reported a first-quarter (1QFY26) net profit of RM198.7 million, marking a 12.5% year-on-year increase. The results were in line with…

IJM: Earnings Rise Despite Missed Forecasts, Positive Outlook Leads to Target Price Uplift

“`html Financial News Report IJM: Earnings Rise Despite Missed Forecasts, Positive Outlook Leads to Target Price Uplift Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Public Investment Bank reported that a prominent Malaysian conglomerate saw its first-quarter FY26 net profit increase by 10.0% year-on-year to RM95.6 million. However, these…