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KUALA LUMPUR: Maybank Investment Bank Research has reduced its FY19-21E net profit for Leong Hup International Bhd (LHIB) by 20%-24% ahead of its 2Q19 results release and lowered its target price by 20% to RM1.08 after the profit warning.
KUALA LUMPUR: Berjaya Sports Toto (BToto) negatively surprised with a headline net loss for May-June 2019 due to impairments at Philippine Gaming Management Corporation (PGMC), Maybank Investment Bank Research said.
KUALA LUMPUR: Maybank Investment Bank Research is retaining its Buy call on Yinson and its sum-of-parts based target price of RM7.20 after it results for the financial year ended Jan 31,2020 came in within its expectation but below consensus.
KUALA LUMPUR: Maybank Investment Bank Research sees stronger crude palm oil (CPO) in 2020 based on anticipated tightening of palm oil supply in 2020-2021 on biological tree stress and slower growth in mature oil palm area (due to lack of new plantings in Indonesia and Malaysia since 2015).
KUALA LUMPUR: Maybank Investment Bank Research expects 2020 to be another record year for Eco World Development (ECW) with strong earnings contribution from its mature projects as well as the 27%-owned Eco World International (ECWI).
KUALA LUMPUR: RHB Bank’s Q2 FY19 net profit of RM615mil (+8% YoY, -2% QoQ) which took H1 FY19 net profit to RM1.24bil (+7% YoY) were above expectations at 53% of Maybank Investment Bank Research/consensus’ full-year forecasts.
KUALA LUMPUR: Maybank Investment Bank Bhd expects Malaysian planters to report much stronger YoY and QoQ core earnings largely on crude palm oil (CPO) price recovery.
After a decade of silence, Balai Seni Maybank roars back to life with the first of tour Art Series exhibitions for 2018. This month's show features 31 emerging artists, all women.
Travel photographer shines bright at Maybank Photography Awards.
KUALA LUMPUR: Mynews Holdings Bhd is well positioned to benefit from an improvement in product mix and margin expansion once its fresh food product sales gain momentum in subsequent quarters, says Maybank Investment Bank research.