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

<ul><li>Key takeaways from Coastal Contracts Berhad’s (COASTAL) analyst briefing: (i) The group is liable to up to USD30.4mn due to delay penalty; (ii) Ixachi field is expected to expand capacity by 1HCY24; (iii) Management is confident of Perdiz Plant’s contract extension.</li><li>We raise our FY24-FY26 earnings forecasts by 13.6%- 20.0% after raising our tariff for Papan Plant in line with revenue breakdown for Papan Plant given by management.</li><li>Upgrade to Buy with a higher TP of RM2.47/share (previous RM2.37/share) based on sum-of-parts valuation.</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>

Key takeaways from Coastal Contracts Berhad’s (COASTAL) analyst briefing: (i) The group is liable to up to USD30.4mn due to delay penalty; (ii) Ixachi field is expected to expand capacity by 1HCY24; (iii) Management is confident of Perdiz Plant’s contract extension.We raise our FY24-FY26 earnings forecasts by 13.6%- 20.0% after raising our tariff for Papan Plant in line with revenue breakdown for Papan Plant given by management.Upgrade to Buy with a higher TP of RM2.47/share (previous RM2.37/share) based on sum-of-parts valuation.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.

Coastal Contracts Berhad - Confident of Perdiz Plant Contract Extension