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.

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)

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>SPAN has announced that the water tariffs for domestic users in the Peninsular Malaysia and Labuan will increase by an average of RM0.22/m3, effective 1 Feb 2024. In line with the announcement from SPAN, Johor will also raise its domestic water tariff, the first of such in 9 years.</li><li>We view the changes positively as this will boost RANHILL’s bottom-line and provide more cash flow to invest into lowering its NRW.</li><li>After adjusting our blended water tariff assumption from RM2.32/m3 to RM2.45/m3, we increase our FY24/FY25 earnings forecasts by 3.5%/3.4% respectively. </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>

SPAN has announced that the water tariffs for domestic users in the Peninsular Malaysia and Labuan will increase by an average of RM0.22/m3, effective 1 Feb 2024. In line with the announcement from SPAN, Johor will also raise its domestic water tariff, the first of such in 9 years.We view the changes positively as this will boost RANHILL’s bottom-line and provide more cash flow to invest into lowering its NRW.After adjusting our blended water tariff assumption from RM2.32/m3 to RM2.45/m3, we increase our FY24/FY25 earnings forecasts by 3.5%/3.4% respectively. 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.

Ranhill Utilities Berhad - First Domestic Water Tariff Hike in 9 Years