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

Sam Engineering & Equipment / Equity Bottom-Up

<ul>
<li>SAMEE reported 1HFY24 core earnings of RM53m (+5% YoY).</li>
<li>We deem the results to be within expectations at 58% and 61% of ours and consensus full-year estimates.</li>
<li>While we think that SAMEE is a highly rare secular growth stock, we remain wary as: (i) the global semiconductor industry is going through a cycle of inventory correction; and (ii) we are seeing a considerable slowdown in demand for both data storage and consumer electronics segments globally. </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>


SAMEE reported 1HFY24 core earnings of RM53m (+5% YoY).
We deem the results to be within expectations at 58% and 61% of ours and consensus full-year estimates.
While we think that SAMEE is a highly rare secular growth stock, we remain wary as: (i) the global semiconductor industry is going through a cycle of inventory correction; and (ii) we are seeing a considerable slowdown in demand for both data storage and consumer electronics segments globally. 

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.

SAM Engineering & Equipment - Sequential Improvement