Automotive Group Report: Performance & Outlook MBMR: Automotive Group Navigates Headwinds Despite Quarterly Profit Boost Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Financial institution TA Securities has reiterated a SELL recommendation for MBM Resources Berhad, maintaining an unchanged target price of RM4.31 per share. This comes despite the…
Financial News Update MBMR: Earnings Resilience Drives Target Price Revision Amidst Mixed Segment Performance Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Financial analysts have maintained a “BUY” recommendation for the company, revising its target price upwards to RM0.25 (+25.0%) from a previous target, citing resilient performance, particularly in…
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…
MBM Resources Berhad Q1 2025: Navigating Headwinds with Strategic Vision MBM Resources Berhad, a significant player in Malaysia’s vibrant automotive sector, has recently unveiled its unaudited condensed consolidated financial statements for the first quarter ended 31 March 2025. This report offers a critical snapshot of the company’s performance amidst an evolving economic landscape and heightened…