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 1Q24 core PAT of RM4.9m (+156.4% QoQ, +63.1% YoY), which came in above our expectation but within the consensus forecast.</li><li>This positive deviation was primarily driven by a stronger-than-anticipated rebound in its manufacturing segment, resulting in improved margins and a stronger bottom line.</li><li>We raise our FY24F and FY25F earnings by 12% and 11% respectively, following the upward adjustments to our utilization rate 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>

SLP reported 1Q24 core PAT of RM4.9m (+156.4% QoQ, +63.1% YoY), which came in above our expectation but within the consensus forecast.This positive deviation was primarily driven by a stronger-than-anticipated rebound in its manufacturing segment, resulting in improved margins and a stronger bottom line.We raise our FY24F and FY25F earnings by 12% and 11% respectively, following the upward adjustments to our utilization rate 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.

SLP Resources

SLP Resources - Rebound in Export Sales