BNASTRA (7195): Securing Growth with Strong Order Book and Preferred Contractor Status Summary (TL;DR): Research Firm: PHILLIP Investment Bank Subject: BNASTRA / BNASTRA (7195) Core Rating: BUY Target Price / Top Picks: RM2.60 One-Liner: BNASTRA continues to reinforce its position as a preferred contractor with key clients, securing significant contracts that underpin its robust order…
TSH (9059): Navigating Volatility Amidst Limited Growth Visibility Summary (TL;DR): Research Firm: RHB Investment Bank Subject: TSH / TSH (9059) Core Rating: HOLD Target Price / Top Picks: MYR 1.10 One-Liner: RHB anticipates 2026 to be a more fundamentally balanced year for palm oil, with lower CPO prices, but warns that geopolitical risks will continue…
SDG (5285): Value Unlocking Poised to Drive Future Growth Summary (TL;DR): Research Firm: RHB-OSK Investment Bank Subject: SDG / SD Guthrie (5285) Core Rating: BUY Target Price / Top Picks: MYR 5.45 One-Liner: SD Guthrie’s strategic value-unlocking initiatives are expected to drive future earnings growth, justifying its premium valuation despite a moderated CPO price outlook….
BNASTRA (7195): Construction Powerhouse Continues Winning Streak with New Mega Projects Summary (TL;DR): Research Firm: RHB Investment Bank Subject: BNASTRA / BNASTRA (7195) Core Rating: BUY Target Price / Top Picks: MYR 2.64 One-Liner: Binastra Corporation continues its strong job replenishment streak, securing a significant MYR405m contract from Exsim Jalil Link, reinforcing its robust orderbook…
TAANN (5012): Timber Turnaround Still Elusive as CPO Volatility Persists Summary (TL;DR): Research Firm: RHB Investment Bank Subject: TAANN / TAANN (5012) Core Rating: NEUTRAL Target Price / Top Picks: MYR 3.60 One-Liner: RHB maintains a Neutral stance on Ta Ann, anticipating a fundamentally more balanced 2026 with volatile CPO prices and a timber segment…
KLK (2445): Fair Valuation Prompts Downgrade Amidst Volatile CPO Outlook Summary (TL;DR): Research Firm: RHB Investment Bank Subject: KLK / KLK (2445) Core Rating: HOLD Target Price / Top Picks: MYR 20.65 One-Liner: KLK’s valuation is now considered fair, leading to a downgrade to Neutral, as CPO prices face volatility from geopolitical risks and a…
IOICORP: Undervalued Big Cap Poised for Balance Amidst Volatile CPO Market Summary (TL;DR): Research Firm: RHB Investment Bank Subject: IOICORP / IOICORP (1961) Core Rating: BUY Target Price / Top Picks: MYR 4.30 One-Liner: RHB Investment Bank maintains a BUY rating on IOICORP, viewing it as an undervalued big-cap stock positioned for a more balanced…
SOP (5126): Pure Play Strategy & Attractive Valuation Drive BUY Rating Summary (TL;DR): Research Firm: RHB Investment Bank Subject: SOP / SOP (5126) Core Rating: BUY Target Price / Top Picks: MYR 3.80 One-Liner: Sarawak Oil Palms maintains a BUY rating due to its pure-play strategy and attractive valuation, trading at the low end of…
MNHLDG (0245): Riding the Wave of Utility Upgrades and Digital Infrastructure Summary (TL;DR): Research Firm: MAYBANK Investment Bank Subject: MNHLDG / MNHLDG (0245) Core Rating: BUY Target Price / Top Picks: MYR 1.69 One-Liner: MN Holdings continues to strengthen its position in Malaysia’s utility upgrades and digital infrastructure, securing new contracts and diversifying into key…
SUNCON (5263): Data Center Boom Powers Construction Outlook Despite Chip Freeze Concerns Summary (TL;DR): Research Firm: RHB-OSK Investment Bank Subject: SUNCON / SUNCON (5263) Core Rating: BUY Target Price / Top Picks: MYR 6.80 One-Liner: Despite potential US chip restrictions, Sunway Construction is poised to benefit significantly from continued data center investments by US tech…
