Tag: BAUTO

Automotive Sector Financial Update BAUTO: Automotive Earnings Beat on Stronger Margins, Forecasts Adjusted Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A key player in the automotive sector reported stronger-than-expected third-quarter (3QFY26) results, primarily driven by improved margins. The company’s core net profit for the quarter surged 34.9% year-on-year…

“`html Financial News Report BAUTO: Automotive Group Achieves Robust Q3 Profit Growth, Analyst Raises Target Price Amidst Mixed Sector Outlook Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A leading automotive group reported a significant 35.2% year-on-year increase in net profit for the third quarter of FY26, reaching RM32.6…

Financial News Report BAUTO: Earnings Beat Expectations on Strong Sales, Target Price Raised Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY A leading automotive distributor reported a significant outperformance in its third-quarter fiscal year 2026 (3QFY26) core profit, which surged 94% quarter-on-quarter. The strong results, which brought 9MFY26 earnings…

Auto Sector Gears Up for Strong Recovery BAUTO: Auto Sector Gears Up for Strong Recovery, Earnings Forecast Upgraded Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY The automotive sector is poised for a significant rebound, with analysts forecasting a robust recovery in financial performance, driven by strategic cost efficiencies…

Financial News Report BAUTO: Auto Sector Player Navigates Challenging Landscape Amid Mixed Earnings, Analysts See Upside Key Information Summary Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY An automotive sector player reported a quarter marked by mixed financial results, with its net profit for the second quarter of FY26…

Financial News Report BAUTO: Strategic Exit from Kia Distribution Expected to Enhance Efficiency Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Investment bank RHB has maintained a “Neutral” recommendation for Bermaz Auto, with an unchanged target price of MYR0.61. This follows the company’s recent announcement to cease its distribution…

Financial News Report BAUTO: Automotive Group Misses Estimates as Operational Headwinds Persist Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY An automotive group’s first-quarter FY26 (April) net profit significantly missed both the investment bank’s and Street’s estimates, largely due to loss-making results from associates and a higher-than-expected effective tax…

Automotive Sector Faces Headwinds, Earnings Forecasts Trimmed BAUTO: Automotive Sector Faces Headwinds, Earnings Forecasts Trimmed Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY An investment bank has maintained its Neutral rating on an automotive player, revising down its target price to MYR0.70 from MYR0.86, indicating a 7% upside from…