Bintulu Port Holdings - Green Shoots of Recovery - 1 Mar 2024
BIPORT’s FY23 results met expectations. Its 4QFY23 core net profit jumped 19% QoQ on a pick-up in cargo volumes, which could be signs of green...
339 Views
Engtex Group - Earnings Inflection in FY24 - 1 Mar 2024
ENGTEX’s FY23 results disappointed, weighed down by high-cost steel inventory. It is poised for a much stronger FY24 following the recent water...
335 Views
BM Greentech - Plantation Capex Down-Cycle Weighs
Its 9MFY24 net profit of RM22m met expectations at 81% and 75% of our full-year forecast and full-year consensus estimate, respectively.
153 Views
Kumpulan Perangsang Selangor - Slowdown in Consumer Electronics Weighs
We believe a recovery is more likely to happen in 2HCY24, at the earliest. We maintain our forecasts, TP of RM0.45 and UNDERPERFORM call.
172 Views
Petron Malaysia Refining - Unfavourable Crack Spreads
We expect crack spreads to remain unfavourable over the immediate term, due to excess refining capacity coupled with weak demand for refined...
358 Views