Analyst Reports

Recent and archived articles by Analyst Reports

8 Jan 2019 | 7:00 AM

Genting 'hold' Petronas Dagangan 'hold', LBS Bina 'outperform'

CIMB has maintained its recommendation of a “hold” on Genting Malaysia Bhd as it awaits more clarity on the possible opening date of its new outdoor theme park.

19 Dec 2018 | 7:00 AM

Tan Chong 'buy', Kossan Rubber 'buy', United Malacca 'underperform', Property 'neutral'

TAN Chong Motor’s management yesterday hosted an analyst briefing after announcing the termination of its joint venture (JV) with Nissan Motor in Nissan Vietnam Co Ltd (NVL).

11 Dec 2018 | 7:00 AM

Kawan Food 'add', Al-Salam Reit 'hold', Tune Protect 'hold', Ta Ann 'buy'

KAWAN FOOD BHD: CGS-CIMB has a positive view on Kawan Food’s new factory in Pulau Indah, Selangor, saying that “we view this positively as the market recognises Kawan Food’s management and its product quality”

Kawan Food has been in talks with foreign food and beverages (F&B) companies for it to produce products for sale outside Malaysia.
16 Nov 2018 | 7:00 AM

KL Kepong 'market perform', Gas Malaysia 'hold' Matrix 'buy', Mah Sing 'buy'

KUALA Lumpur Kepong Bhd’s (KLK) core net profit (CNP) of RM892mil for the financial year of 2018 (FY18) was broadly within Kenanga Research’s forecast at 95%, although it fell by 17% year-on-year.

24 May 2017 | 7:00 AM

Tune Protect 'buy', KLK 'hold', Gabungan AQRS 'buy', PECCA 'buy'

TUNE Protect Group’s first quarter 2017 net profit of RM11.9mil came in at 16.1% and 13.4% of Affin Hwang Capital’s and consensus estimates.

16 May 2017 | 7:00 AM

Genting Malaysia 'hold', KNM 'buy', CCK 'add', Dayang 'neutral'

IF an upcoming ruling from the United States’ Department of Interior (DoI) turns unfavourable, Genting Malaysia Bhd could end up writing off its US$274mil (RM1.19bil) earlier investment and forego net interest income of RM105mil, said Maybank IB Research.

26 Apr 2017 | 7:00 AM

Maybank 'hold', Hartalega 'buy', Genting Plantations 'hold'

CIMB Research said it has downgraded Malayan Banking Bhd (Maybank) to a “hold” from an “add” due to its strong share price performance in the year-to-date (YTD) that has outperformed the benchmark FTSE Bursa Malaysia KL Composite Index (FBM KLCI).

21 Apr 2017 | 7:00 AM

RHB Bank 'hold', Sime 'market perform', Gadang 'buy' MISC 'sell'

RHB Bank Bhd’s Singapore oil and gas (O&G) exposure is manageable and positively, management does not envisage any capital raising post the new Malaysian Financial Reporting Standard (MFRS) 9.

20 Apr 2017 | 7:00 AM

CapitalLand 'hold', MPI 'add', Axiata 'neutral', Bursa 'buy'

CAPITALAND Malaysia Mall Trust’s (CMMT) first quarter 2017 net profit dropped 1.7% quarter-on-quarter (q-o-q) and 2% year-on-year due to lower rental reversions and a decline in occupancy rates at the portfolio level

18 Apr 2017 | 7:00 AM

Mitrajaya 'outperform', Pharmaniaga 'hold',OCK 'buy',Ikhmas 'buy'

MITRAJAYA Holdings Bhd announced last Friday that it has secured a RM273.8mil building job known as a “centre of excellence” from STF Resources Sdn Bhd