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Affin Hwang maintains Hold on SP Setia, reduces TP to RM2.30

KUALA LUMPUR: Affin Hwang Capital research maintained its hold call on SP Setia Bhd and reduced its target price to RM2.30 from RM2.72 previously following weaker-than-expected 1Q19 earnings that missed both its and consensus estimates.

Sime Darby Property is CIMB Research’s top pick

KUALA LUMPUR: Sime Darby Property (Add, TP: RM1.34) remains CIMB Equities Research’s top pick in the property sector as it has shown continuous improvement in its property development division and new property sales since its demerger in November 2017.

Sime Darby Property's Elmina Five launch was well received.

GenM's upcoming results to clear the cloud, says RHB

KUALA LUMPUR: RHB research is optimistic over Genting Malaysia Bhd's upcoming results, which it says should dispel uncertainty on the impact of the tax hike and boost sentiment on the stock.