KLK: Core Earnings Meet Consensus as Upstream Gains Offset Downstream Weakness, Target Price Revised Up

Financial News Report KLK: Core Earnings Meet Consensus as Upstream Gains Offset Downstream Weakness, Target Price Revised Up Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Investment bank RHB has maintained its “Neutral” rating on Kuala Lumpur Kepong (KLK MK), revising its target price slightly upwards to MYR21.85 from…

MBMR: Associate Contributions Propel Automotive Group’s Earnings Above Expectations

Financial News Report MBMR: Associate Contributions Propel Automotive Group’s Earnings Above Expectations Investment Bank TA SECURITIES TP (Target Price) RM4.60 (-15.6%) Last Traded RM5.45 Recommendation SELL A recent investment bank research report indicates that a key automotive group’s third-quarter fiscal year 2025 (3QFY25) core net profit surpassed analyst expectations, primarily driven by stronger-than-anticipated contributions from…

IGBB: Strong Operational Performance Meets Expectations Amidst Robust Rental Growth

Financial News Report IGBB: Strong Operational Performance Meets Expectations Amidst Robust Rental Growth Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY The latest third quarter financial results for the period ending December 2025 (3QFY25) have come in within expectations, with net profit recording a robust increase. The period saw…

IOICORP: Robust First Quarter Performance Driven by Cost Efficiency, Target Price Revised Upward

Financial News Report IOICORP: Robust First Quarter Performance Driven by Cost Efficiency, Target Price Revised Upward Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY The first quarter of the financial year saw a notable outperformance, with core net profit significantly exceeding both the investment bank’s and consensus estimates. The…

IOICORP: Robust Segmental Performance Drives Strong Earnings, But Outlook Remains Guarded

Investment Bank Research Report Summary IOICORP: Robust Segmental Performance Drives Strong Earnings, But Outlook Remains Guarded Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY The company’s first-quarter fiscal year 2026 (IQFY26) results were largely in line with market expectations, demonstrating a significant improvement in core net profit. Excluding foreign…

IOICORP: Strong Downstream Performance Drives Earnings Beat, Neutral Rating Maintained

Investment Bank Research Report Analysis IOICORP: Strong Downstream Performance Drives Earnings Beat, Neutral Rating Maintained Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY The company initiated the first quarter of fiscal year 2026 with a core profit of RM368 million, marking a significant 22% year-on-year increase. This performance surpassed…

MATRIX: Property Developer Meets Expectations on Robust Revenue Growth, Outlook Steady

Financial News Report MATRIX: Property Developer Meets Expectations on Robust Revenue Growth, Outlook Steady Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A prominent property developer reported a net profit of RM67.5 million for the second quarter of financial year 2026 (2QFY26), a performance that remained largely flat year-on-year…

KERJAYA: Strong Financial Performance Driven by Construction and Property Segments, Target Price Raised

Financial News Report KERJAYA: Strong Financial Performance Driven by Construction and Property Segments, Target Price Raised Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Core earnings for the recent nine-month period (9MFY25) significantly surpassed market expectations, accounting for 90% of our forecasts and 87.7% of consensus estimates. This robust…

KERJAYA: Earnings Exceed Expectations on Robust Construction and Property Segments; Target Price Upgraded

Investment Report Summary KERJAYA: Earnings Exceed Expectations on Robust Construction and Property Segments; Target Price Upgraded Investment Bank TA SECURITIES TP (Target Price) RM3.35 (+21.0%) Last Traded RM2.76 Recommendation BUY A leading construction and property development group has reported a robust financial performance, with its nine-month core profit for FY25 significantly exceeding expectations. The strong…

IOICORP: Manufacturing Recovery Fuels Strong First Quarter Performance, Target Price Raised

Financial News Report IOICORP: Manufacturing Recovery Fuels Strong First Quarter Performance, Target Price Raised Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY IOI Corporation commenced its fiscal year with a robust performance in the first quarter of FY26, reporting a core net profit of RM370.8 million, excluding a net…