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)

Equity Bottom-Up

<p>Glomac’s 1QFY22 net profit of RM1.7mn trailed expectation, accounting for 5% of our full-year earnings estimate. The variance was largely due to slower-than-expected work progress following the implementation of [...] We like Glomac’s strategy, which focuses on the affordable landed residential segment, solid unbilled sales of RM580mn to anchor near-term earnings, as well as its healthy balance sheet to provide liquidity for ongoing and future development activities. [...] Required Rate of Return of 7% is defined as the yield for one-year Malaysian government treasury plus assumed equity risk premium. [...] Adequate measures taken to ensure the safety and livelihood of its employees as well as corporate social responsibility contributions.</p><div class="content-highlight"><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></div>

Glomac’s 1QFY22 net profit of RM1.7mn trailed expectation, accounting for 5% of our full-year earnings estimate. The variance was largely due to slower-than-expected work progress following the implementation of [...] We like Glomac’s strategy, which focuses on the affordable landed residential segment, solid unbilled sales of RM580mn to anchor near-term earnings, as well as its healthy balance sheet to provide liquidity for ongoing and future development activities. [...] Required Rate of Return of 7% is defined as the yield for one-year Malaysian government treasury plus assumed equity risk premium. [...] Adequate measures taken to ensure the safety and livelihood of its employees as well as corporate social responsibility contributions.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.

Glomac Bhd

Impacted by FMCO