External broker reports(aggregated public sources), TA Securities Holdings Berhad

TA Securities Holdings Bhd

TA Securities Holdings Berhad (TASH) was incorporated in Malaysia on 1 July 1973 and is a wholly-owned subsidiary of TA Enterprise Berhad which is listed on the Main Market of Bursa Malaysia Securities Berhad (BMSB). Currently, the company has an issued and paid-up share capital of RM250 million.

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External broker reports(aggregated public sources)

TA Securities Holdings Berhad

TA Securities Holdings Berhad (TASH) was incorporated in Malaysia on 1 July 1973 and is a wholly-owned subsidiary of TA Enterprise Berhad which is listed on the Main Market of Bursa Malaysia Securities Berhad (BMSB). Currently, the company has an issued and paid-up share capital of RM250 million. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

CJ Century Logistics Holdings / Equity Bottom-Up

<ul><li>CJ Century Logistics Holdings’ (CJ Century) 1H23 core profit of RM6.9mn accounted for 40% of our full-year projections and 31.5% of consensus forecast.</li><li>We consider this as within our expectation as 2H23 earnings are expected to be higher due to upsurge in demand for air conditioners and gradual recovery in container freight rate.</li><li>1H23 core profit contracted by 58% YoY to RM6.9mn due to lacklustre performance at the total logistics solution segment (TLS) (Figure 1) that offset increased contribution from the procurement logistics service (PLS) segment (Figure 2).</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

CJ Century Logistics Holdings’ (CJ Century) 1H23 core profit of RM6.9mn accounted for 40% of our full-year projections and 31.5% of consensus forecast.We consider this as within our expectation as 2H23 earnings are expected to be higher due to upsurge in demand for air conditioners and gradual recovery in container freight rate.1H23 core profit contracted by 58% YoY to RM6.9mn due to lacklustre performance at the total logistics solution segment (TLS) (Figure 1) that offset increased contribution from the procurement logistics service (PLS) segment (Figure 2).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CJ Century Logistics - Supported by Resurgent Aircond Demands Worldwide