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. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>OSK reported 3Q23 core PATAMI of RM122.8m (-6.1% QoQ; +8.9% YoY), which brought 9M23’s sum to RM369.1m (+21.5% YoY), beating our expectation at 80.5% of full year forecast.</li><li>The positive deviation was due to stronger-than-expected contribution from industries and capital financing.</li><li>We increase our FY23/24/25 forecasts by +5.0%/1.7%/1.3% to impute higher utilisation rate for industries segment and higher loan portfolio assumptions. </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>

OSK reported 3Q23 core PATAMI of RM122.8m (-6.1% QoQ; +8.9% YoY), which brought 9M23’s sum to RM369.1m (+21.5% YoY), beating our expectation at 80.5% of full year forecast.The positive deviation was due to stronger-than-expected contribution from industries and capital financing.We increase our FY23/24/25 forecasts by +5.0%/1.7%/1.3% to impute higher utilisation rate for industries segment and higher loan portfolio assumptions. 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.

OSK Holdings - Surpassing Expectations Again

O.S.K. Holdings

OSK Holdings - Surpassing Expectations Again