Automotive Group Faces Headwinds Amid Moderating Market MBMR: Automotive Group Faces Headwinds Amid Moderating Market, Sell Rating Maintained Investment Bank TA SECURITIES TP (Target Price) RM4.31 (-14.8%) Last Traded RM5.06 Recommendation SELL MBM Resources Berhad (MBM) reported 2QFY25 results that were in line with market expectations, with core net profit climbing 7.2% year-on-year to RM72.5…
Financial News Report INARI: Semiconductor Firm’s FY25 Core Profit Dips, But Strong Q4 and New Device Cycle Offer Future Promise Investment Bank PUBLIC INVESTMENT BANK TP (Target Price) RM2.22 (+12.1%) Last Traded RM1.98 Recommendation Neutral While full-year 2025 (FY25) core profit registered a 15.8% year-on-year decline to RM261.2 million, a leading outsourced semiconductor assembly and…
Financial News Update RHBBANK: Strong Half-Year Performance Driven by Cost Efficiencies and Strategic Gains Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A major financial institution reported a robust 7.0% year-on-year increase in net profit for the first half of fiscal year 2025 (1HFY25), reaching RM1,554 million. The results…
Financial News Report ARMADA: Strategic Reset Positions for Stable Earnings, Outperform Maintained Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY The company reported a core PATAMI of RM96.2 million for the second quarter of financial year 2025 (2QFY25). While this figure represents a significant decline of 47.3% quarter-on-quarter and…
Financial News Report IOICORP: Core Profit Meets Expectations Amidst Mixed Segmental Performance Investment Bank TA SECURITIES TP (Target Price) RM4.33 (+11.6%) Last Traded RM3.88 Recommendation Neutral FY25 Performance Highlights IOI Corp concluded its financial year with a core profit of RM1.2 billion, aligning closely with both TA Securities’ and consensus expectations. The investment bank noted…
Financial News Update GENM: Operational Recovery Drives Strong First-Half Performance; ‘Buy’ Rating Maintained Investment Bank TA SECURITIES TP (Target Price) RM2.24 (+13.3%) Last Traded RM1.98 Recommendation BUY A prominent gaming operator reported a robust performance for the first half of 2025, with its core profit of RM284.3 million falling within the investment bank’s expectations. This…
Financial News Report MAHSING: Property-Centric Group Posts Strong Earnings on Cost Efficiencies Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Performance Overview A prominent property-centric group reported a core net profit of RM130.6 million for the first half of FY25 (1H25), aligning with both the investment bank’s and consensus…
Earnings Beat Expectations on Cost Efficiencies and Revenue Growth GENM: Earnings Beat Expectations on Cost Efficiencies and Revenue Growth Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Genting Malaysia Bhd (GENM) reported a significant financial rebound in the second quarter of fiscal year 2025 (2QFY25), with net profit soaring…
Financial News Report GENTING: Earnings Below Expectations on Weak US Operations Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A global conglomerate reported a flattish headline net profit for the second quarter of fiscal year 2025 (2QFY25), reaching RM243.6 million. However, excluding one-off gains from forex translation and asset…
Earnings Beat on Cost Efficiency, Future Job Wins Key Amidst Rating Downgrade TRC: Earnings Beat on Cost Efficiency, Future Job Wins Key Amidst Rating Downgrade Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Core earnings for 1HFY25 significantly surpassed both TA Securities’ and consensus full-year expectations, primarily driven by…
