[ad_1] KUALA LUMPUR: Analysts are positive on Sunway Bhd’s property arm, Sunway Property’s acquisition of a 245 acres of freehold industrial land in Kuang, Rawang for RM115mil. Sunway will build…
Tag: Analyst Reports
F&N gets earnings upgrade
[ad_1] KUALA LUMPUR: TA Securities has raised Fraser & Neave Holdings Bhd‘s (F&N) financial years ending Sept 30, 2023 to 2025 (FY23-FY25) earnings estimates by 5.7% to 12.6%. “We raise…
Central Boulevard to drive IOI Properties’ earnings
[ad_1] KUALA LUMPUR: IOI Properties Group Bhd‘s medium-term earnings outlook is expected to be driven by strong recurring income growth from existing property assets while the listing of its investment…
Trading ideas: Kimlun, Cypark, Pos Malaysia, Bioalpha and Radium
[ad_1] KUALA LUMPUR: Stocks in the spotlight on Monday include Kimlun, Cypark, Pos Malaysia, Bioalpha and Radium, said Apex Research. Kimlun Bhd has secured two construction contracts in Johor Bahru…
IHH’s strategic initiatives put it on growth path
[ad_1] KUALA LUMPUR: IHH Healthcare Bhd has reaffirmed its growth prospects as it rolls out new initiatives to enhance its segment margins, says Hong Leong Investment Bank (HLIB) Research. Following…
Efforts ongoing to stimulate market participation
[ad_1] KUALA LUMPUR: With trading values on Bursa Malaysia staying subdued amid an uncertain trading environment, the stock exchange operator is working on a series of initiatives in an effort…
HLIB upbeat on Tenaga’s outlook
[ad_1] KUALA LUMPUR: Hong Leong Investment Bank (HLIB) remains upbeat on Tenaga Nasional Bhd‘s (TNB) outlook as the recent drop in global fuel prices bodes well for TNB’s cash flow…
Maybank IB positive on EWI, maintains ‘buy’ with 66 sen target price
[ad_1] KUALA LUMPUR: Maybank Investment Bank (Maybank IB) is positive on Eco World International Bhd‘s (EcoWorld International) latest corporate exercise involving a capital reduction (CR) of RM1.5 billion to facilitate…
Genting Malaysia’s proposed Miami land sale a win
[ad_1] PETALING JAYA: Genting Malaysia Bhd’s (GenM) proposed sale of its Miami landbank is expected to generate net proceeds of RM4.47bil and theoretically increase its 2023 core profit before tax…