This Malaysian stock has a sizable construction order book & unbilled property sales
Gamuda Bhd reported a 7.29% increase in net profit to RM208.8 million in the second quarter ended January 31, 2024 (2QFY2024), up from RM194.62 million a year earlier, driven by higher revenue from its overseas projects.
Revenue more than doubled to RM3.33 billion year-on-year from RM1.44 billion in [more]
Will the third generation unlock value in cash rich stock?
Oriental Holdings: will the third generation unlock value in Oriental?
The shareholding of the Loh family in cash-rich Oriental Holdings Bhd has historically been stable, held through Boon Siew Sdn Bhd.
However, a change occurred following a planned internal restructuring of the private companies controlled by the Loh family. [more]
Food for thoughts
CapitaLand Ascendas REIT (CLAR) CapitaLand Ascendas REIT, or CLAR, boasts a market capitalization of S$12.2 billion. Currently, it trades at a forward price-to-earnings (PE) ratio of 19x and a price-to-book (PB) ratio of 1.2x. Investors can enjoy a forward dividend yield of 5.8%.
Keppel REIT (KREIT) KREIT is [more]
This Hong Kong Blue Chip stock is forming a Bullish Pennant
Xiaomi-W form a pennant chart pattern:
Buy Entry Price: $14.82
Target Price $16.12
Stop Loss Price:$14.40
Thank you.
This Singapore Marine Stock is forming a Bullish Ascending Triangle chart
Beng Kuang forming an Ascending Triangle chart pattern
Buy Entry Price: $0.081
Target Price $0.087
Stop Loss Price:$0.075
Thank you
What is the immediate upside for ST Eng(SGX:S63)?
OCBC issued a report stating that ST Engineering (STE) is “underappreciated” by investors.
The report highlights STE’s top earnings growth among FSSTI [more]
High oil prices are here to stay. Who are the beneficiaries?
Kim Eng has published an article discussing the current state of the oil and gas industry, highlighting a unique juncture.
The Energy [more]
UOB Kay Hian Research increased the target price of Marco Polo Marine(SGX:5LY)
UOB Kay Hian Research has given a positive recommendation for Marco Polo Marine (MPM SP), highlighting the company’s promising outlook due to higher charter rates and its expansion into Korea.
Given the increase [more]
Maybank likes SP Setia(8664.KL) due to its undemanding valuation
Maybank Securities Research has recommended buying SP Setia (SPSB MK), citing favourable outlook for the company. After a recent meeting with the company’s leaders, the research company is positive about SPSB’s prognosis in [more]
China Aviation(SGX: G92) prices appealing, good possibility of future earnings growth
Lim & Tan Securities Research has recommended buying China Aviation Oil (CAO) (SGX:G92) due to its impressive performance in FY23.
The net profit of CAO increased by 75.5% compared to the previous year, reaching [more]
This Hong Kong big cap marked a 42% increased in dividend YOY
OCBC Securities Research has issued a buy recommendation for Tencent Holdings (700 HK), citing enhanced shareholders’ return and margin expansion.
A dividend of HKD3.40 per share was declared, marking a 42% increase year-on-year. [more]
This company may divest its asset
LHN: Unlocking the value of more assets could potentially result in additional special dividends for LHN.
The company has a proven track record of acquiring underutilized or undervalued properties and enhancing their value [more]
Find out which Singapore mid-cap stock have a 30% upside potential
Dyna-Mac is a frontrunner in the O&G industry, poised to benefit from the ongoing supercycle. Specializing in topside module fabrication for FPSOs, Dyna-Mac has secured substantial orders and expanded operational capacity. With FPSO [more]
Recent selldown in this Malaysian stocks presents an opportunity to accumulate
A leading CRA with a “recession-proof business and growth avenues in the digitalisation age” company in Malaysia
Some analysts are optimistic about CTOS Digital Bhd’s future despite the uncertainty surrounding the company.
Citing the potential [more]
Lee Swee Kiat(8079.KL): Announces one-for-two bonus issue
Lee Swee Kiat: Announces one-for-two bonus issue. Mattress manufacturer Lee Swee Kiat Group (LSK) is proposing a bonus issue of up to 83.91m new shares. Shareholders will get one bonus share for two [more]
Why Bitdeer Technologies gets a buy call?
Benchmark believes there’s a significant buying opportunity in Bitdeer Technologies, a Singapore-based cryptocurrency mining company that recently went public through a SPAC. Analyst Mark Palmer initiated coverage of Bitdeer with a buy rating, [more]
This Malaysian stock to surged to a four-year high
Eversendai Corp Bhd’s shares surged to a four-year high following the acquisition of four new projects valued at RM5.4 billion in Saudi Arabia, the UAE, and India.
On Wednesday, the stock increased by 92.7% [more]
Can buy Tiong Woon(SGX:BQM)?
It is among the top 20 heavy-lifting crane operators in the world, and it has equipment used on projects ranging from waste recycling to marine transportation.
However, Tiong Woon Corporation (TWC), a Singapore-listed company [more]
Can Amgen(NASD:AMGN) shares go significantly higher?
The Minichart Trendline indicator has determined that the share price of Amgen Inc. has just broken its downtrend and is likely [more]
Price Target for G Invacom
On February 19, G Invacom’s chart broke out of a classic triangle chart pattern, which would be considered a strong break [more]
Jardines C&C(SGX:C07) is in rebounding
The price of Jardine C&C reached a low of $25.75 last week.
From a technical analysis point of view, we believe that the price has now reached its support [more]
What is the target price for Samudera?
Samudara has just broken a “Bullish Falling Wedge Chart Pattern” designed by Minichart as it is a bullish formation, and the price will rise from here.
There are a few reasons why the uptrend of this chart pattern will continue.
A look back at the history of [more]
TMB Bank Solid start but stronger quarter still ahead
■ 1Q21 net profit at THB2.8bn, -33% yoy but up 125% qoq, was led by declining provision expense, while topline generation remains soft.
Astec Lifesciences: TP of Rs1,073
We value the company at an eight-year mean valuation as: 1. Core PAT growth will likely be 13.9% CAGR over FY21F-24F. This is lower than FY13-21 PAT growth of 34.7%. We forecast revenue to be 15% CAGR for FY21F-23F, lower than FY13-FY21F revenue growth of 16.2%. While revenue has mimicked past growth, earnings growth is lower and we value the company at a historical mean valuation. We do not assign any premium to it.