External broker reports(aggregated public sources), Hong Leong Investment Bank Berhad

Hong Leong Investment Bank Berhad

Hong Leong Investment Bank Berhad operates as an investment banking company. The Company provides debt and equity funding, private debt securities issuance, merger and acquisitions, initial public offerings, corporate restructuring, and stockbroking services. 

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.

External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Evergreen should record an improvement in 2Q23 earnings due to a demand recovery from the Middle East as a result of increasing commercial and residential projects requiring panel boards for furnishing and renovation activities.</li><li>However, the improvement should be partially mitigated by the continued lacklustre performance from the Malaysian segment.</li><li>Operational costs in Malaysia remain elevated from the increase in minimum wage and higher electricity tariffs, while demand for furniture from the US is expected to remain bleak.</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>

Evergreen should record an improvement in 2Q23 earnings due to a demand recovery from the Middle East as a result of increasing commercial and residential projects requiring panel boards for furnishing and renovation activities.However, the improvement should be partially mitigated by the continued lacklustre performance from the Malaysian segment.Operational costs in Malaysia remain elevated from the increase in minimum wage and higher electricity tariffs, while demand for furniture from the US is expected to remain bleak.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.

Evergreen Fibreboard

Evergreen 20230628 Company Update - HLIB