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>SLP reported 1HFY24 core PAT of RM8.2m (+25.5%), which came in within our and consensus expectations.</li><li>The quarter saw lower GP margin due to heightened competition in the local packaging industry, leading to a downward revision in ASP.</li><li>While the appreciation of JPY against USD is expected to enhance its sales outlook in the Japanese market, the limited availability of shipping containers in SEA could constrain the recovery. </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>

SLP reported 1HFY24 core PAT of RM8.2m (+25.5%), which came in within our and consensus expectations.The quarter saw lower GP margin due to heightened competition in the local packaging industry, leading to a downward revision in ASP.While the appreciation of JPY against USD is expected to enhance its sales outlook in the Japanese market, the limited availability of shipping containers in SEA could constrain the recovery. 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.

SLP Resources

SLP Resources - Heightened Competition