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KUALA LUMPUR: Maybank Investment Bank Research is maintaining its earnings forecast and RM1.29 target price for SP Setia Bhd with a Buy call.
KUALA LUMPUR: IOI Corporation may not fully benefit from the recent spike in crude palm oil (CPO) price in 1QFY21E due to the usual one-month forward sales typical of integrated players, Maybank Investment Bank Research says.
PETALING JAYA: Business in the number forecast operator (NFO) industry has yet to recover to its pre-Covid-19 levels, causing analysts to slash earnings estimates and downgrade the sector.
PETALING JAYA: KLCCP Stapled Group faces headwinds from the impact of the Covid-19 pandemic which is affecting the retail and hospitality segments, say research analysts.
KUALA LUMPUR: Shares of RCE Capital rose to multi-months high of RM2.20 in early Wednesday trade after its strong earnings and revenue in the second quarter ended Sept 30,2020.
PETALING JAYA: The higher dividend payout by Petroliam Nasional Bhd (Petronas) to the government could hamper its ability to recover from the current downturn in the oil and gas industry, according to Maybank IB Research.
Strong distribution, digital initiatives expected to lift insurer