Forwarded from Rakuten Trade Ideas 🎯
📊 Bursa market earnings results (7.2.25)
1️⃣ AXREIT (5106)
📈 Beat FY24 earnings expectations
Outperform with target price – RM1.86
Last traded price – RM1.80
2️⃣ HPPHB (0228)
📉 Missed 1HFY25 earnings expectations
Underperform with target price – RM0.27
Last traded price – RM0.42
3️⃣ IGBREIT (5227)
📈 Beat FY24 earnings expectations
Market Perform with target price – RM2.20
Last traded price – RM2.16
4️⃣ WPRTS (5246)
📈 Beat FY24 earnings expectations
Market Perform with target price – RM4.40
Last traded price – RM4.57
5️⃣ CLMT (5180)
📈 Beat FY24 earnings expectations
Outperform with target price – RM0.75
Last traded price – RM0.68
6️⃣ ANCOMNY (4758)
📉 Missed 1HFY25 earnings expectations
Outperform with target price – RM1.20
Last traded price – RM0.995
7️⃣ BURSA (1818)
📈 Beat FY24 earnings expectations
Outperform with target price – RM9.70
Last traded price – RM8.26
8️⃣ F&N (3689)
📈 Beat Q1FY25 earnings expectations
Outperform with target price – RM34.40
Last traded price – RM25.86
9️⃣ SUNREIT (5176)
📉 Missed FY24 earnings expectations
Outperform with target price – RM2.07
Last traded price – RM1.96
Kenanga Research target prices
*Last traded price based on 06-Feb closing price.
1️⃣ AXREIT (5106)
📈 Beat FY24 earnings expectations
Outperform with target price – RM1.86
Last traded price – RM1.80
2️⃣ HPPHB (0228)
📉 Missed 1HFY25 earnings expectations
Underperform with target price – RM0.27
Last traded price – RM0.42
3️⃣ IGBREIT (5227)
📈 Beat FY24 earnings expectations
Market Perform with target price – RM2.20
Last traded price – RM2.16
4️⃣ WPRTS (5246)
📈 Beat FY24 earnings expectations
Market Perform with target price – RM4.40
Last traded price – RM4.57
5️⃣ CLMT (5180)
📈 Beat FY24 earnings expectations
Outperform with target price – RM0.75
Last traded price – RM0.68
6️⃣ ANCOMNY (4758)
📉 Missed 1HFY25 earnings expectations
Outperform with target price – RM1.20
Last traded price – RM0.995
7️⃣ BURSA (1818)
📈 Beat FY24 earnings expectations
Outperform with target price – RM9.70
Last traded price – RM8.26
8️⃣ F&N (3689)
📈 Beat Q1FY25 earnings expectations
Outperform with target price – RM34.40
Last traded price – RM25.86
9️⃣ SUNREIT (5176)
📉 Missed FY24 earnings expectations
Outperform with target price – RM2.07
Last traded price – RM1.96
Kenanga Research target prices
*Last traded price based on 06-Feb closing price.
Forwarded from Trade With Maybank
Bursa Malaysia Midday Recap: Tech Leads the Rally
The FBM KLCI opened higher today, supported by gains in CIMB and YTL stocks. Market sentiment continues to improve, with most sectors trading in the green, except for REIT and plantation. Technology emerged as the leading mover, rebounding strongly with INARI and MYEG at the forefront, while the construction sector extended its uptrend after its slight pause yesterday. In corporate news, Notion VTec announced a land acquisition worth nearly RM30 million for future expansion. Key events today include BNM international reserves update and the US Non-Farm Payroll report (9:30pm)
As tech stood out as today’s top gainer, investors looking to trade on this bullish sentiment may consider MYEG (Target Price: MYR 1.68) and ITMAX (Target Price: MYR 4.40) for potential trading opportunities. For further details, check the full report on your Maybank Trade MY app today!
Trade Your Way Forward. Simple, Smart, and Seamlessly
#Middayrecap
The FBM KLCI opened higher today, supported by gains in CIMB and YTL stocks. Market sentiment continues to improve, with most sectors trading in the green, except for REIT and plantation. Technology emerged as the leading mover, rebounding strongly with INARI and MYEG at the forefront, while the construction sector extended its uptrend after its slight pause yesterday. In corporate news, Notion VTec announced a land acquisition worth nearly RM30 million for future expansion. Key events today include BNM international reserves update and the US Non-Farm Payroll report (9:30pm)
As tech stood out as today’s top gainer, investors looking to trade on this bullish sentiment may consider MYEG (Target Price: MYR 1.68) and ITMAX (Target Price: MYR 4.40) for potential trading opportunities. For further details, check the full report on your Maybank Trade MY app today!
Trade Your Way Forward. Simple, Smart, and Seamlessly
#Middayrecap
Forwarded from M+ On-The-Go
M+ Morning Market Buzz - 10Feb25
Dow Jones: 44,303.40 pts (-444.23pts, -0.99%)
⬆️ Resistance: 45900
⬇️ Support: 43100
FBM KLCI: 1,590.91 pts (+5.74pts, +0.36%)
⬆️ Resistance: 1630
⬇️ Support: 1520
HSI Index: 21,133.54 pts (+241.92pts, +1.16%)
⬆️ Resistance: 21700
⬇️ Support: 19400
Crude Palm Oil: RM4,504 (+RM101, +2.29%)
⬆️ Resistance: 4640
⬇️ Support: 4190
Brent Oil: $74.66 (+$0.37, +0.50%)
⬆️ Resistance: 78.90
⬇️ Support: 72.70
Gold: $2,861.07 (+$4.79, +0.17%)
⬆️ Resistance: 2950
⬇️ Support: 2720
Source: Bloomberg, M+
Dow Jones: 44,303.40 pts (-444.23pts, -0.99%)
⬆️ Resistance: 45900
⬇️ Support: 43100
FBM KLCI: 1,590.91 pts (+5.74pts, +0.36%)
⬆️ Resistance: 1630
⬇️ Support: 1520
HSI Index: 21,133.54 pts (+241.92pts, +1.16%)
⬆️ Resistance: 21700
⬇️ Support: 19400
Crude Palm Oil: RM4,504 (+RM101, +2.29%)
⬆️ Resistance: 4640
⬇️ Support: 4190
Brent Oil: $74.66 (+$0.37, +0.50%)
⬆️ Resistance: 78.90
⬇️ Support: 72.70
Gold: $2,861.07 (+$4.79, +0.17%)
⬆️ Resistance: 2950
⬇️ Support: 2720
Source: Bloomberg, M+
Forwarded from M+ On-The-Go
M+ Market Update – 10Feb25
New Tariff Threats Could Weigh on Gains
The FBMKLCI ended the week with a five-day winning streak, fuelled by bargain hunting in Banking and Utilities heavyweights. Meanwhile, sentiment in the US weakened due to slowing job growth, despite a declining unemployment rate and stronger wage growth. Additionally, inflationary pressure remained elevated compared to previous month, signalling a slower easing cycle ahead. Also, President Trump is reportedly considering fresh tariffs of 25% on all steel and aluminium imports later today. This week, traders will closely monitor key upcoming data, including (i) Core CPI, (ii) CPI, (iii) Core PPI, (iv) PPI, and (v) retail sales. In the commodities market, Brent Crude closed below USD75 per barrel, while gold prices remained elevated around USD2,860 per ounce. CPO prices surged above RM 4,500.
Sector Focus: The local bourse is set to open lower, following Wall Street’s sell-offs on Friday, as fears of a global trade war intensify amid reports that President Trump could announce an additional 25% tariff to be imposed on steel and aluminium. We believe the stronger dollar outlook, coupled with the ongoing US-China trade tensions, will bode well for the Glove sector. Meanwhile, we believe the Renewable Energy, Construction, and Property sectors will remain on traders' radar, driven by various government initiatives like JSSEZ and NETR.
Stocks to watch:
Technology: *GENETEC*, *ITMAX*, KGB, MYEG
Construction: BNASTRA *INTA*
Consumer: *DXN*
Financial: *CIMB*
Building Material: UNIQUE
Logistics: AGX
Source: M+
New Tariff Threats Could Weigh on Gains
The FBMKLCI ended the week with a five-day winning streak, fuelled by bargain hunting in Banking and Utilities heavyweights. Meanwhile, sentiment in the US weakened due to slowing job growth, despite a declining unemployment rate and stronger wage growth. Additionally, inflationary pressure remained elevated compared to previous month, signalling a slower easing cycle ahead. Also, President Trump is reportedly considering fresh tariffs of 25% on all steel and aluminium imports later today. This week, traders will closely monitor key upcoming data, including (i) Core CPI, (ii) CPI, (iii) Core PPI, (iv) PPI, and (v) retail sales. In the commodities market, Brent Crude closed below USD75 per barrel, while gold prices remained elevated around USD2,860 per ounce. CPO prices surged above RM 4,500.
Sector Focus: The local bourse is set to open lower, following Wall Street’s sell-offs on Friday, as fears of a global trade war intensify amid reports that President Trump could announce an additional 25% tariff to be imposed on steel and aluminium. We believe the stronger dollar outlook, coupled with the ongoing US-China trade tensions, will bode well for the Glove sector. Meanwhile, we believe the Renewable Energy, Construction, and Property sectors will remain on traders' radar, driven by various government initiatives like JSSEZ and NETR.
Stocks to watch:
Technology: *GENETEC*, *ITMAX*, KGB, MYEG
Construction: BNASTRA *INTA*
Consumer: *DXN*
Financial: *CIMB*
Building Material: UNIQUE
Logistics: AGX
Source: M+
*Local Bourse Recap: Reversal of Tariff and End of Deepseek Worries Lifted Market*
- The *KLCI index* surged by 2.18% last week, as investors bottom fished DC plays amid limited impact from Deepseek in near term. The performance of small and mid caps, however, underperformed the market, as FBM Small Cap Index gained 1.80%, while ACE index was only up 1.26%
- The *construction sector* was the top performer of the week, as investors bought back DC names, i.e. SUNCON, GAMUDA and IJM after sharp correction. The *technology sector* was another outperformer of the week, lifted by INARI after Skywork said loss of its RF business with Apple to another competitors, which rumoured to be Broadcom, client of INARI.
- The *energy sector* was the biggest laggard of the week, as brent crude fell to below USD75/barrel amid concerns of increasing oil production from US later. The *REIT sector* was another underperforming sector, as investors switched into risk-on mode due to improving sentiment.
- Despite the concerns of Deepseek is temporarily paused, market continues to monitor the development of tariff decisions set by Trump’s administration. Meanwhile, the result season of the local companies are expected to kick start by next week.
- The *KLCI index* surged by 2.18% last week, as investors bottom fished DC plays amid limited impact from Deepseek in near term. The performance of small and mid caps, however, underperformed the market, as FBM Small Cap Index gained 1.80%, while ACE index was only up 1.26%
- The *construction sector* was the top performer of the week, as investors bought back DC names, i.e. SUNCON, GAMUDA and IJM after sharp correction. The *technology sector* was another outperformer of the week, lifted by INARI after Skywork said loss of its RF business with Apple to another competitors, which rumoured to be Broadcom, client of INARI.
- The *energy sector* was the biggest laggard of the week, as brent crude fell to below USD75/barrel amid concerns of increasing oil production from US later. The *REIT sector* was another underperforming sector, as investors switched into risk-on mode due to improving sentiment.
- Despite the concerns of Deepseek is temporarily paused, market continues to monitor the development of tariff decisions set by Trump’s administration. Meanwhile, the result season of the local companies are expected to kick start by next week.
Forwarded from Trade With Maybank
Research Highlights
Malaysia Property
Our analyst's latest trip to Johor has made them more positive on the prospects of the Johor-Singapore Special Economic Zone. For summary of their findings as well as a background on the related counters, check out today's post!
Malaysia Property
Our analyst's latest trip to Johor has made them more positive on the prospects of the Johor-Singapore Special Economic Zone. For summary of their findings as well as a background on the related counters, check out today's post!
Forwarded from Trade With Maybank
Inari Amertron Surges on Broadcom Optimism
Shares of Inari Amertron (INARI) jumped as much as 13% last Friday, driven by investor optimism over potential higher order volumes from its key client, Broadcom Inc.
A significant portion of INARI’s Singapore revenue is derived from Broadcom, while Apple was Broadcom’s largest customer in FY23, contributing approximately 20% of Broadcom’s nearly USD7 billion revenue.
On 7 Feb’25, INARI was the third-largest gainer on Bursa Malaysia, closing at MYR2.72 after recording nearly 39 million traded volume.
Bullish investors may consider Call Warrants like INARI-C2Y, which offers leveraged exposure to INARI with an Effective Gearing of 9.2x.
#DailyHighlights
Shares of Inari Amertron (INARI) jumped as much as 13% last Friday, driven by investor optimism over potential higher order volumes from its key client, Broadcom Inc.
A significant portion of INARI’s Singapore revenue is derived from Broadcom, while Apple was Broadcom’s largest customer in FY23, contributing approximately 20% of Broadcom’s nearly USD7 billion revenue.
On 7 Feb’25, INARI was the third-largest gainer on Bursa Malaysia, closing at MYR2.72 after recording nearly 39 million traded volume.
Bullish investors may consider Call Warrants like INARI-C2Y, which offers leveraged exposure to INARI with an Effective Gearing of 9.2x.
#DailyHighlights
Forwarded from NagaWarrants by Kenanga
10 Feb 2025
SIMEPROP has rebounded from its support levels at RM 1.45, indicating potential upside momentum.
Consider SIMEPROP-C36
Trade Smarter & Profit More with Naga Matrix:
https://www.nagawarrants.com/naga-matrix
Please open Telegram to view this post
VIEW IN TELEGRAM
Salam you All !!!
.
Topic untuk minggu Kedua pada bulan February 2025
.
.
*12/2/2025 - CARA GUNA MPLUS PLATFORM (WEBSITE) (8.30PM - 10.00PM)
*13/2/2025 - STRATEGY TREND FOLLOWING (8.30PM - 10.00PM)
.
.
Pendaftaran boleh tekan link ini https://forms.gle/mXZyZr1uUB61QnA6A
.
Noted:
sekiranya ingin datang kelas secara online dan fizikal perlu daftar 2 kali
.
Masuk percuma! Tempat terhad untuk 20 orang sahaja ya.
https://forms.gle/MHvyrUB5oqJHunJo8
.
Alamat Pejabat:
Mplus Wangsa Maju ( MWM )
No 76-1 Jalan Wangsa Delima 6,
Pusat Bandar Wangsa Maju (KLSC)
Setapak 53300 Kuala Lumpur
.
Google map https://goo.gl/maps/57uJhiCqREDi66Q37
.
.
Berminat untuk buka account boleh call no phone
-03-4144 2565
.
.
Follow & Subscibe our Channel
Youtube - www.youtube.com/@MWMGrp
Telegram - t.me/mpluswm
.
Topic untuk minggu Kedua pada bulan February 2025
.
.
*12/2/2025 - CARA GUNA MPLUS PLATFORM (WEBSITE) (8.30PM - 10.00PM)
*13/2/2025 - STRATEGY TREND FOLLOWING (8.30PM - 10.00PM)
.
.
Pendaftaran boleh tekan link ini https://forms.gle/mXZyZr1uUB61QnA6A
.
Noted:
sekiranya ingin datang kelas secara online dan fizikal perlu daftar 2 kali
.
Masuk percuma! Tempat terhad untuk 20 orang sahaja ya.
https://forms.gle/MHvyrUB5oqJHunJo8
.
Alamat Pejabat:
Mplus Wangsa Maju ( MWM )
No 76-1 Jalan Wangsa Delima 6,
Pusat Bandar Wangsa Maju (KLSC)
Setapak 53300 Kuala Lumpur
.
Google map https://goo.gl/maps/57uJhiCqREDi66Q37
.
.
Berminat untuk buka account boleh call no phone
-03-4144 2565
.
.
Follow & Subscibe our Channel
Youtube - www.youtube.com/@MWMGrp
Telegram - t.me/mpluswm
Forwarded from M+ On-The-Go
M+ Market Update – 12Feb25
Awaiting More Clarity From President Trump
The FBMKLCI (-0.06%) started the week on a weaker tone, as gains in Telco and Utilities were offset by declines in Plantation stocks. Wall Street traded within a tight range, following Jerome Powell's outlook on a slower easing cycle. Traders will monitor key inflation data, including (i) Core CPI, (ii) CPI, (iii) Core PPI, and (iv) PPI, along with retail sales, for clues on whether the Fed may adjust its stance in an environment of elevated inflation. In the commodity market, Brent Crude ticked above USD76/barrel. Gold remains elevated at USD2,897 near the all-time high zone, while CPO prices charged towards RM4,600.
Sector Focus: Following President Trump's 25% tariff on steel and aluminium imports, we see a trading opportunity in local steel players, as the policy is expected to primarily impact export players. Bargain-hunting may also persist in the Construction sector, supported by JSSEZ developments, while earnings from data center supply chain stocks are likely to materialise in the upcoming reporting season. For a conservative play, we favour Consumer, Banking, and REITs, which should outperform amid current market uncertainties, supported by stable yield and a continued recovery in the mall footfall traffic.
Stocks to watch:
Financial: *AMBANK*, *CIMB*, OSK
Technology: *GENETEC*, *RAMSSOL*
Consumer: *TEOSENG*
Property: SUNWAY
Telco: TM
Gold: POHKONG
Source: M+
Awaiting More Clarity From President Trump
The FBMKLCI (-0.06%) started the week on a weaker tone, as gains in Telco and Utilities were offset by declines in Plantation stocks. Wall Street traded within a tight range, following Jerome Powell's outlook on a slower easing cycle. Traders will monitor key inflation data, including (i) Core CPI, (ii) CPI, (iii) Core PPI, and (iv) PPI, along with retail sales, for clues on whether the Fed may adjust its stance in an environment of elevated inflation. In the commodity market, Brent Crude ticked above USD76/barrel. Gold remains elevated at USD2,897 near the all-time high zone, while CPO prices charged towards RM4,600.
Sector Focus: Following President Trump's 25% tariff on steel and aluminium imports, we see a trading opportunity in local steel players, as the policy is expected to primarily impact export players. Bargain-hunting may also persist in the Construction sector, supported by JSSEZ developments, while earnings from data center supply chain stocks are likely to materialise in the upcoming reporting season. For a conservative play, we favour Consumer, Banking, and REITs, which should outperform amid current market uncertainties, supported by stable yield and a continued recovery in the mall footfall traffic.
Stocks to watch:
Financial: *AMBANK*, *CIMB*, OSK
Technology: *GENETEC*, *RAMSSOL*
Consumer: *TEOSENG*
Property: SUNWAY
Telco: TM
Gold: POHKONG
Source: M+