Forwarded from MWM Technical View Channel
📢 Webinar Percuma! Belajar Teknik Swing Trading dalam Saham 📢
📌 Topik: "Cara Menjadi Swing Trader dalam Saham"
🗓 Tarikh: 27 Februari 2025 (Khamis)
⏰ Masa: 8:30 malam (Waktu Singapura/Malaysia)
💻 Platform: Zoom (Tempat TERHAD untuk 20 peserta sahaja!)
🚀 Nak jadi trader yang lebih konsisten dan tenang?
Swing trading adalah strategi yang sesuai untuk mereka yang ingin memaksimumkan keuntungan tanpa perlu memantau pasaran setiap saat!
Dalam webinar ini, anda akan belajar:
✅ Apa itu Swing Trading & bagaimana ia berfungsi?
✅ Bagaimana mengenal pasti entry & exit terbaik?
✅ Teknik dan strategi yang boleh digunakan untuk pelaburan jangka sederhana
✅ Kesilapan biasa yang perlu dielakkan oleh swing trader
Klik untuk sertai sekarang: https://us02web.zoom.us/j/86129229876?pwd=ni2saTa1NVSeXzQ2PEmwSpat20hoTP.1
🔑 Meeting ID: 861 2922 9876
🔒 Passcode: 733130
📍 Alamat Pejabat:
Mplus Wangsa Maju (MWM)
No. 76-1, Jalan Wangsa Delima 6,
Pusat Bandar Wangsa Maju (KLSC),
Setapak, 53300 Kuala Lumpur.
📍 Google Maps: https://goo.gl/maps/57uJhiCqREDi66Q37
📢 Jangan lupa follow & subscribe kami untuk lebih banyak ilmu dan tips trading!
🔹 YouTube: MWM Group
🔹 Telegram: Mplus Wangsa Maju
🔥 Tempat sangat terhad! Daftar segera sebelum penuh! 🔥
📌 Topik: "Cara Menjadi Swing Trader dalam Saham"
🗓 Tarikh: 27 Februari 2025 (Khamis)
⏰ Masa: 8:30 malam (Waktu Singapura/Malaysia)
💻 Platform: Zoom (Tempat TERHAD untuk 20 peserta sahaja!)
🚀 Nak jadi trader yang lebih konsisten dan tenang?
Swing trading adalah strategi yang sesuai untuk mereka yang ingin memaksimumkan keuntungan tanpa perlu memantau pasaran setiap saat!
Dalam webinar ini, anda akan belajar:
✅ Apa itu Swing Trading & bagaimana ia berfungsi?
✅ Bagaimana mengenal pasti entry & exit terbaik?
✅ Teknik dan strategi yang boleh digunakan untuk pelaburan jangka sederhana
✅ Kesilapan biasa yang perlu dielakkan oleh swing trader
Klik untuk sertai sekarang: https://us02web.zoom.us/j/86129229876?pwd=ni2saTa1NVSeXzQ2PEmwSpat20hoTP.1
🔑 Meeting ID: 861 2922 9876
🔒 Passcode: 733130
📍 Alamat Pejabat:
Mplus Wangsa Maju (MWM)
No. 76-1, Jalan Wangsa Delima 6,
Pusat Bandar Wangsa Maju (KLSC),
Setapak, 53300 Kuala Lumpur.
📍 Google Maps: https://goo.gl/maps/57uJhiCqREDi66Q37
📢 Jangan lupa follow & subscribe kami untuk lebih banyak ilmu dan tips trading!
🔹 YouTube: MWM Group
🔹 Telegram: Mplus Wangsa Maju
🔥 Tempat sangat terhad! Daftar segera sebelum penuh! 🔥
Zoom Video
Join our Cloud HD Video Meeting
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Forwarded from M+ On-The-Go
M+ Market Update – 28Feb25
Back To Defensive Trades
The local bourse closed lower as sentiment was dampened by weaknesses in Petronas related stocks, coupled with uncertainties surrounding its domestic CapEx outlook. Wall Street ended in red after selling pressure emerged despite Nvidia posting better-than-expected results. We believe the change on mind by President Trump on tariffs threat toward Canada and Mexico, set to take effect on March 4, coupled with a rise in unemployment claims to 242k, highest level in 3 months will contribute to further weakness on the stock markets. On the commodities market, Brent crude rebounded towards USD73 per barrel, while Gold closed below the USD2,880 mark. Meanwhile CPO price hover around RM4,530.
Sector Focus: Given the renewed selling pressure on Wall Street despite Nvidia’s earnings beat, we expect upside in the local Technology sector to be limited, albeit supported by stronger earnings from NationGate. We also favour ITMAX and FRONTKN for long term growth after their solid earnings reports. Meanwhile, we see trading opportunities in Kelington Group due to its (i) RM1.27bn order book, (ii) UHP segment expansion in China and Europe, and (iii) potential data center order replenishment. Besides, we remain positive on Banking, backed by RHB earnings and attractive dividend yield and REITs for their defensive characteristics.
Stocks to watch:
Utility: *BMGREEN*, PEKAT, SCGBHD
Plantation: *JTIASA*, TSH
Building Material: *PMETAL*
Construction: *SUNCON*
Financial: *OSK*
Consumer: *LHI*
Technology: KGB
Source: M+
Back To Defensive Trades
The local bourse closed lower as sentiment was dampened by weaknesses in Petronas related stocks, coupled with uncertainties surrounding its domestic CapEx outlook. Wall Street ended in red after selling pressure emerged despite Nvidia posting better-than-expected results. We believe the change on mind by President Trump on tariffs threat toward Canada and Mexico, set to take effect on March 4, coupled with a rise in unemployment claims to 242k, highest level in 3 months will contribute to further weakness on the stock markets. On the commodities market, Brent crude rebounded towards USD73 per barrel, while Gold closed below the USD2,880 mark. Meanwhile CPO price hover around RM4,530.
Sector Focus: Given the renewed selling pressure on Wall Street despite Nvidia’s earnings beat, we expect upside in the local Technology sector to be limited, albeit supported by stronger earnings from NationGate. We also favour ITMAX and FRONTKN for long term growth after their solid earnings reports. Meanwhile, we see trading opportunities in Kelington Group due to its (i) RM1.27bn order book, (ii) UHP segment expansion in China and Europe, and (iii) potential data center order replenishment. Besides, we remain positive on Banking, backed by RHB earnings and attractive dividend yield and REITs for their defensive characteristics.
Stocks to watch:
Utility: *BMGREEN*, PEKAT, SCGBHD
Plantation: *JTIASA*, TSH
Building Material: *PMETAL*
Construction: *SUNCON*
Financial: *OSK*
Consumer: *LHI*
Technology: KGB
Source: M+
Forwarded from M+ On-The-Go
M+ Morning Market Buzz - 28Feb25
Dow Jones: 43,239.50 pts (-193.62pts, -0.45%)
⬆️ Resistance: 44900
⬇️ Support: 42400
FBM KLCI: 1,586.60 pts (-2.11pts, -0.13%)
⬆️ Resistance: 1630
⬇️ Support: 1540
HSI Index: 23,718.29 pts (-69.64pts, -0.29%)
⬆️ Resistance: 24600
⬇️ Support: 22300
Crude Palm Oil: RM4,511 (+RM18, +0.40%)
⬆️ Resistance: 4820
⬇️ Support: 4390
Brent Oil: $74.04 (+$1.51, +2.08%)
⬆️ Resistance: 78.30
⬇️ Support: 71.00
Gold: $2,877.52 (+$2.24, +0.08%)
⬆️ Resistance: 3020
⬇️ Support: 2820
Source: Bloomberg, M+
Dow Jones: 43,239.50 pts (-193.62pts, -0.45%)
⬆️ Resistance: 44900
⬇️ Support: 42400
FBM KLCI: 1,586.60 pts (-2.11pts, -0.13%)
⬆️ Resistance: 1630
⬇️ Support: 1540
HSI Index: 23,718.29 pts (-69.64pts, -0.29%)
⬆️ Resistance: 24600
⬇️ Support: 22300
Crude Palm Oil: RM4,511 (+RM18, +0.40%)
⬆️ Resistance: 4820
⬇️ Support: 4390
Brent Oil: $74.04 (+$1.51, +2.08%)
⬆️ Resistance: 78.30
⬇️ Support: 71.00
Gold: $2,877.52 (+$2.24, +0.08%)
⬆️ Resistance: 3020
⬇️ Support: 2820
Source: Bloomberg, M+
Forwarded from Trade With Maybank
Press Metal Reports 44.9% Jump in Net Profit in FY2024
Press Metal Aluminium Holdings (PMETAL) posted a stellar FY2024 performance, with net profit surging 44.9% to MYR1.76 billion on record-high revenue of MYR14.91 billion.
In 4Q24, net profit soared 38.5% YoY to MYR321.39 million, driven by lower finance costs and higher associate contributions. EPS climbed from 3.9 sen to 5.4 sen.
PMETAL’s shares price rose 5.0% yesterday with a total traded volume of 15.0 million.
Investors bullish on PMETAL’s momentum may consider PMETAL-C1S, which has a sensitivity of 3.9 ticks, one of the most responsive PMETAL Call Warrants in the market.
#DailyHighlights
Press Metal Aluminium Holdings (PMETAL) posted a stellar FY2024 performance, with net profit surging 44.9% to MYR1.76 billion on record-high revenue of MYR14.91 billion.
In 4Q24, net profit soared 38.5% YoY to MYR321.39 million, driven by lower finance costs and higher associate contributions. EPS climbed from 3.9 sen to 5.4 sen.
PMETAL’s shares price rose 5.0% yesterday with a total traded volume of 15.0 million.
Investors bullish on PMETAL’s momentum may consider PMETAL-C1S, which has a sensitivity of 3.9 ticks, one of the most responsive PMETAL Call Warrants in the market.
#DailyHighlights
Forwarded from CGS International Securities Malaysia
*Trading Stocks today:*
For *Trendspotter*, please click on this link: < https://tinyurl.com/ycke2bdk > to view the report.
Or please logon to your account on http://www.cgsi.com.my/ and click on <Research> Tab.
*Malaysia*:
*Kelington Group (0151)* (RM3.52): Technical Buy
Targets: RM3.75, RM4.04
Stop: RM3.19
*Mclean Technologies (0167)* (RM0.32): Technical Buy
Targets: RM0.350, RM0.380, RM0.395
Stop: RM0.28
*Fundamental Report(s):*
*SD Guthrie Bhd* - FY24 results above expectations (Maintain Add with a TP of RM5.20) https://tinyurl.com/4fmhzj3m
*SAM Engineering & Equipment Bhd* - Improving WFE growth and margins (Upgrade to Hold with a higher TP of RM3.71) https://tinyurl.com/8tr4b7wf
*RHB Bank Bhd* - Swift net interest income expansion (Maintain Add with a TP of RM7.25) https://tinyurl.com/5n7nmhvh
*IJM Corp Bhd* - Decent quarter driven by land sale gain (Maintain Add with a TP of RM3.80) https://tinyurl.com/4ysjfydx
*Carlsberg Brewery (M)* - Return to growth (Maintain Add with a higher TP of RM23.53) https://tinyurl.com/4t4emr7n
*Sunway Bhd* - Strong conviction in property demand (Maintain Add with a TP of RM5.80) https://tinyurl.com/3akk6eb2
*Hong Leong Bank* - Riding on robust fee income growth (Maintain Add with a TP of RM31.40) https://tinyurl.com/58crzfdy
*Hap Seng Plantations* - Benefitting from high CPO price (Maintain Add with a TP of RM2.25) https://tinyurl.com/yc6yz5s7
*Malayan Banking Bhd* - A turnaround in net interest income growth? (Maintain Add with a TP of RM12.80) https://tinyurl.com/3vd9uud9
*Genting Plantations* - Results above expectations (Maintain Hold with a TP of RM5.90) https://tinyurl.com/mzp8punk
*Alliance Bank Malaysia Berhad* - High LLP overshadows solid topline growth (Downgrade to Hold with a TP of RM5.27) https://tinyurl.com/bdfb3z53
*Velesto Energy Berhad* - A 1 sen DPS reward for shareholders (Upgrade to Hold with a higher TP of RM0.19) https://tinyurl.com/2wmzy7cx
*Engtex Group* - Water projects to drive FY25 earnings (Maintain Add with a TP of RM0.85) https://tinyurl.com/4v5zyydz
Join CGS International Securities Malaysia's Official Telegram Channel https://t.me/cgsi_my
*28th Feb 2025*
Disclaimers: This distribution is by CGS International Securities Malaysia Sdn. Bhd. (“CGS MY”) in Malaysia only. The views are our own as of this date and subject to change. No further distribution is allowed without our prior written consent. CGS MY, its related corporations, affiliates and business partners make no recommendation, offer or invitation to transact in any securities, futures contracts or other instruments. Please make your independent evaluation, consider your own investment objectives and financial situation and consult your own professional advisers before participating in any transaction.
For *Trendspotter*, please click on this link: < https://tinyurl.com/ycke2bdk > to view the report.
Or please logon to your account on http://www.cgsi.com.my/ and click on <Research> Tab.
*Malaysia*:
*Kelington Group (0151)* (RM3.52): Technical Buy
Targets: RM3.75, RM4.04
Stop: RM3.19
*Mclean Technologies (0167)* (RM0.32): Technical Buy
Targets: RM0.350, RM0.380, RM0.395
Stop: RM0.28
*Fundamental Report(s):*
*SD Guthrie Bhd* - FY24 results above expectations (Maintain Add with a TP of RM5.20) https://tinyurl.com/4fmhzj3m
*SAM Engineering & Equipment Bhd* - Improving WFE growth and margins (Upgrade to Hold with a higher TP of RM3.71) https://tinyurl.com/8tr4b7wf
*RHB Bank Bhd* - Swift net interest income expansion (Maintain Add with a TP of RM7.25) https://tinyurl.com/5n7nmhvh
*IJM Corp Bhd* - Decent quarter driven by land sale gain (Maintain Add with a TP of RM3.80) https://tinyurl.com/4ysjfydx
*Carlsberg Brewery (M)* - Return to growth (Maintain Add with a higher TP of RM23.53) https://tinyurl.com/4t4emr7n
*Sunway Bhd* - Strong conviction in property demand (Maintain Add with a TP of RM5.80) https://tinyurl.com/3akk6eb2
*Hong Leong Bank* - Riding on robust fee income growth (Maintain Add with a TP of RM31.40) https://tinyurl.com/58crzfdy
*Hap Seng Plantations* - Benefitting from high CPO price (Maintain Add with a TP of RM2.25) https://tinyurl.com/yc6yz5s7
*Malayan Banking Bhd* - A turnaround in net interest income growth? (Maintain Add with a TP of RM12.80) https://tinyurl.com/3vd9uud9
*Genting Plantations* - Results above expectations (Maintain Hold with a TP of RM5.90) https://tinyurl.com/mzp8punk
*Alliance Bank Malaysia Berhad* - High LLP overshadows solid topline growth (Downgrade to Hold with a TP of RM5.27) https://tinyurl.com/bdfb3z53
*Velesto Energy Berhad* - A 1 sen DPS reward for shareholders (Upgrade to Hold with a higher TP of RM0.19) https://tinyurl.com/2wmzy7cx
*Engtex Group* - Water projects to drive FY25 earnings (Maintain Add with a TP of RM0.85) https://tinyurl.com/4v5zyydz
Join CGS International Securities Malaysia's Official Telegram Channel https://t.me/cgsi_my
*28th Feb 2025*
Disclaimers: This distribution is by CGS International Securities Malaysia Sdn. Bhd. (“CGS MY”) in Malaysia only. The views are our own as of this date and subject to change. No further distribution is allowed without our prior written consent. CGS MY, its related corporations, affiliates and business partners make no recommendation, offer or invitation to transact in any securities, futures contracts or other instruments. Please make your independent evaluation, consider your own investment objectives and financial situation and consult your own professional advisers before participating in any transaction.
Forwarded from CGS International Securities Malaysia
*Corporate news*
*Malaysian Resources Corporation Bhd*’s wholly-owned subsidiary Setia Utama LRT 3 Sdn Bhd has won a reinstatement works contract from Prasarana Malaysia Bhd worth RM2.5bn that spans 48 months. (The Edge Malaysia)
*UEM Sunrise Bhd* said on Thursday it will jointly develop some of its land in Iskandar Puteri, Johor, with Singapore-listed GuocoLand Ltd. (The Edge Malaysia)
*RHB Bank Bhd* aims to boost its return on equity (ROE) to 12% by 2027 from 10% currently, under its three-year corporate strategy (2025-2027), also known as “PROGRESS27”. At a media briefing, group managing director cum chief executive officer Datuk Mohd Rashid Mohamad stated that “PROGRESS27” is built on three main pillars: becoming the best service bank, driving high profitability, and upholding its commitment as a responsible, purposeful financial institution. (The Edge Malaysia)
*SD Guthrie Bhd* said on Thursday that palm oil prices may moderate this year as favourable weather conditions boost output in Indonesia and Papua New Guinea. (The Edge Malaysia)
*SD Guthrie Bhd* said it is seeking to grow a recent acquisition of a Netherlands-based animal feed and biofuel supplier, as the world's largest palm oil producer pushes further downstream and taps new markets. (The Edge Malaysia)
Property developer *UEM Sunrise Bhd* said on Thursday that it is taking a measured approach in utilising its land bank in the Johor region, prioritising sustainable development and product delivery over rapid monetisation. (The Edge Malaysia)
*Tenaga Nasional Bhd*’s (TNB) board of directors has approved the two-year extension of Tan Sri Abdul Razak Abdul Majid's tenure as non-independent non-executive chairman. (The Edge Malaysia)
*Genting Bhd* announced on Thursday that Tan Sri Lim Kok Thay is set to relinquish his role as the group's CEO, a position he has held since 2007. Lim will, however, continue to serve as executive chairman of the group. (The Edge Malaysia)
*KNM Group Bhd* plans to sell its entire stake in its German unit Deutsche KNM GmbH to Japanese-based ceramic company NGK Insulators Ltd for €270m (RM1.3bn). (The Edge Malaysia)
*Press Metal Aluminium Holdings Bhd* said on Thursday that it has signed a MOU with Bintulu Development Authority (BDA) for a proposed JV to set up a solar frame extrusions facility in Bintulu, Sarawak. (The Edge Malaysia)
*Sapura Energy Bhd* has secured creditors’ approval for its proposed debt restructuring scheme after 52 court-convened meetings, and the plan is now awaiting High Court sanction. (The Edge Malaysia)
*UEM Edgenta Bhd* is setting its sights on strengthening its international footprint, following the new contract wins led by those in Singapore and Taiwan. (The Edge Malaysia)
*KNM Group Bhd* said on Thursday it is working with advisers to sell its other businesses following planned disposal of its key unit in Germany to a Japanese-based ceramic company. (The Edge Malaysia)
*28th Feb 2025*
Disclaimers: This distribution is by CGS International Securities Malaysia Sdn. Bhd. (“CGS MY”) in Malaysia only. The views are our own as of this date and subject to change. No further distribution is allowed without our prior written consent. CGS MY, its related corporations, affiliates and business partners make no recommendation, offer or invitation to transact in any securities, futures contracts or other instruments. Please make your independent evaluation, consider your own investment objectives and financial situation and consult your own professional advisers before participating in any transaction.
*Malaysian Resources Corporation Bhd*’s wholly-owned subsidiary Setia Utama LRT 3 Sdn Bhd has won a reinstatement works contract from Prasarana Malaysia Bhd worth RM2.5bn that spans 48 months. (The Edge Malaysia)
*UEM Sunrise Bhd* said on Thursday it will jointly develop some of its land in Iskandar Puteri, Johor, with Singapore-listed GuocoLand Ltd. (The Edge Malaysia)
*RHB Bank Bhd* aims to boost its return on equity (ROE) to 12% by 2027 from 10% currently, under its three-year corporate strategy (2025-2027), also known as “PROGRESS27”. At a media briefing, group managing director cum chief executive officer Datuk Mohd Rashid Mohamad stated that “PROGRESS27” is built on three main pillars: becoming the best service bank, driving high profitability, and upholding its commitment as a responsible, purposeful financial institution. (The Edge Malaysia)
*SD Guthrie Bhd* said on Thursday that palm oil prices may moderate this year as favourable weather conditions boost output in Indonesia and Papua New Guinea. (The Edge Malaysia)
*SD Guthrie Bhd* said it is seeking to grow a recent acquisition of a Netherlands-based animal feed and biofuel supplier, as the world's largest palm oil producer pushes further downstream and taps new markets. (The Edge Malaysia)
Property developer *UEM Sunrise Bhd* said on Thursday that it is taking a measured approach in utilising its land bank in the Johor region, prioritising sustainable development and product delivery over rapid monetisation. (The Edge Malaysia)
*Tenaga Nasional Bhd*’s (TNB) board of directors has approved the two-year extension of Tan Sri Abdul Razak Abdul Majid's tenure as non-independent non-executive chairman. (The Edge Malaysia)
*Genting Bhd* announced on Thursday that Tan Sri Lim Kok Thay is set to relinquish his role as the group's CEO, a position he has held since 2007. Lim will, however, continue to serve as executive chairman of the group. (The Edge Malaysia)
*KNM Group Bhd* plans to sell its entire stake in its German unit Deutsche KNM GmbH to Japanese-based ceramic company NGK Insulators Ltd for €270m (RM1.3bn). (The Edge Malaysia)
*Press Metal Aluminium Holdings Bhd* said on Thursday that it has signed a MOU with Bintulu Development Authority (BDA) for a proposed JV to set up a solar frame extrusions facility in Bintulu, Sarawak. (The Edge Malaysia)
*Sapura Energy Bhd* has secured creditors’ approval for its proposed debt restructuring scheme after 52 court-convened meetings, and the plan is now awaiting High Court sanction. (The Edge Malaysia)
*UEM Edgenta Bhd* is setting its sights on strengthening its international footprint, following the new contract wins led by those in Singapore and Taiwan. (The Edge Malaysia)
*KNM Group Bhd* said on Thursday it is working with advisers to sell its other businesses following planned disposal of its key unit in Germany to a Japanese-based ceramic company. (The Edge Malaysia)
*28th Feb 2025*
Disclaimers: This distribution is by CGS International Securities Malaysia Sdn. Bhd. (“CGS MY”) in Malaysia only. The views are our own as of this date and subject to change. No further distribution is allowed without our prior written consent. CGS MY, its related corporations, affiliates and business partners make no recommendation, offer or invitation to transact in any securities, futures contracts or other instruments. Please make your independent evaluation, consider your own investment objectives and financial situation and consult your own professional advisers before participating in any transaction.
Forwarded from CGS International Securities Malaysia
Good Morning ☀️,
*ACTIVELY MANAGED PORTFOLIO BY CGS International*
2025 YTD return as per update 🔻-8.2%
Weekly summary 21 - 27 Feb
Bought 📥 Johor Plantations Group, BM GreenTech
Sold 📤 Cloudpoint Technology, TSH Resources, Lagenda Properties
Regards,
CGS MY Retail Research
*ACTIVELY MANAGED PORTFOLIO BY CGS International*
2025 YTD return as per update 🔻-8.2%
Weekly summary 21 - 27 Feb
Bought 📥 Johor Plantations Group, BM GreenTech
Sold 📤 Cloudpoint Technology, TSH Resources, Lagenda Properties
Regards,
CGS MY Retail Research
Forwarded from Rakuten Trade Ideas 🎯
📊 Bursa market earnings results (28.2.25)
1️⃣ PWRPOT (7237)
📈 Beat 9MFY25 earnings expectations
Market Perform with target price – RM1.30
Last traded price – RM1.43
2️⃣ SLP (7248)
📉 Missed FY24 earnings expectations
Outperform with target price – RM1.00
Last traded price – RM0.87
3️⃣ STAR (6084)
📈 Beat FY24 earnings expectations
Market Perform with target price – RM0.40
Last traded price – RM0.385
4️⃣ TAANN (5012)
📉 Missed FY24 earnings expectations
Market Perform with target price – RM4.00
Last traded price – RM3.87
5️⃣ TAKAFUL (6139)
📈 Beat FY24 earnings expectations
Outperform with target price – RM4.40
Last traded price – RM3.61
6️⃣ TM (4863)
📈 Beat FY24 earnings expectations
Outperform with target price – RM8.07
Last traded price – RM6.88
7️⃣ WCT (9679)
📉 Missed FY24 earnings expectations
Outperform with target price – RM1.29
Last traded price – RM0.795
8️⃣ AXIATA (6888)
📈 Beat FY24 earnings expectations
Market Perform with target price – RM2.05
Last traded price – RM2.07
9️⃣ GENP (2291)
📈 Beat FY24 earnings expectations
Outperform with target price – RM6.30
Last traded price – RM5.78
🔟 HLBANK (5819)
📈 Beat 1HFY25 earnings expectations
Outperform with target price – RM27.40
Last traded price – RM21.30
Kenanga Research target prices
*Last traded price based on 26-Feb closing price.
1️⃣ PWRPOT (7237)
📈 Beat 9MFY25 earnings expectations
Market Perform with target price – RM1.30
Last traded price – RM1.43
2️⃣ SLP (7248)
📉 Missed FY24 earnings expectations
Outperform with target price – RM1.00
Last traded price – RM0.87
3️⃣ STAR (6084)
📈 Beat FY24 earnings expectations
Market Perform with target price – RM0.40
Last traded price – RM0.385
4️⃣ TAANN (5012)
📉 Missed FY24 earnings expectations
Market Perform with target price – RM4.00
Last traded price – RM3.87
5️⃣ TAKAFUL (6139)
📈 Beat FY24 earnings expectations
Outperform with target price – RM4.40
Last traded price – RM3.61
6️⃣ TM (4863)
📈 Beat FY24 earnings expectations
Outperform with target price – RM8.07
Last traded price – RM6.88
7️⃣ WCT (9679)
📉 Missed FY24 earnings expectations
Outperform with target price – RM1.29
Last traded price – RM0.795
8️⃣ AXIATA (6888)
📈 Beat FY24 earnings expectations
Market Perform with target price – RM2.05
Last traded price – RM2.07
9️⃣ GENP (2291)
📈 Beat FY24 earnings expectations
Outperform with target price – RM6.30
Last traded price – RM5.78
🔟 HLBANK (5819)
📈 Beat 1HFY25 earnings expectations
Outperform with target price – RM27.40
Last traded price – RM21.30
Kenanga Research target prices
*Last traded price based on 26-Feb closing price.
UEM Sunrise, GuocoLand ink JS-SEZ agreement
https://www.thestar.com.my/business/business-news/2025/02/28/uem-sunrise-guocoland-ink-js-sez-agreement
https://www.thestar.com.my/business/business-news/2025/02/28/uem-sunrise-guocoland-ink-js-sez-agreement
The Star
UEM Sunrise, GuocoLand ink JS-SEZ agreement
UEM Sunrise Bhd has signed a memorandum of understanding (MoU) with Singapore-based GuocoLand Ltd to jointly develop selected freehold landbank in Iskandar Puteri, Johor.
Asian shares to fall as Nvidia drops, dollar soars
https://theedgemalaysia.com/node/746210
https://theedgemalaysia.com/node/746210
The Edge Malaysia
Stocks slump, dollar towers as Trump tariff threat roils markets
Equities slumped in Asia on Friday and the US dollar hovered near multi-week highs against the currencies of the country's top trading partners as concerns about an escalating global trade war soured market sentiment.
Forwarded from M+ On-The-Go
M+ Market Wrap - 28Feb25
FBM KLCI: 1,574.70 pts (-11.90pts, -0.75%)
The FBMKLCI (-0.75%) ended in the red as losses in Consumer Products & Services dampened the local sentiment; MR DIY reported an earnings decline, while 7-Eleven posted a net loss. Market breadth was negative, with losers outpacing gainers by 862 to 257 stocks. On a broader view, Telco & Media (+0.92%) outperformed, led by CDB (+17.0 sen) and AXIATA (+2.0 sen), while Technology (-5.87%) saw a further decline.
Top 3 Active stocks:
GENM (4715): RM1.900 (-46.0 sen)
INARI (0166): RM2.070 (-12.0 sen)
CIMB (1023): RM7.810 (-41.0 sen)
Volume: 4.40 bn (100-bar avg vol: 2.92 bn)
Value: RM6.46 bn (100-bar avg val: RM2.53 bn)
Market Breadth: ⬆️257 ⬇️862
Crude palm oil: RM4,547 (+RM36)
Dow Futures: 43,400 pts (+103 pts)
**Source: Bloomberg, M+**
FBM KLCI: 1,574.70 pts (-11.90pts, -0.75%)
The FBMKLCI (-0.75%) ended in the red as losses in Consumer Products & Services dampened the local sentiment; MR DIY reported an earnings decline, while 7-Eleven posted a net loss. Market breadth was negative, with losers outpacing gainers by 862 to 257 stocks. On a broader view, Telco & Media (+0.92%) outperformed, led by CDB (+17.0 sen) and AXIATA (+2.0 sen), while Technology (-5.87%) saw a further decline.
Top 3 Active stocks:
GENM (4715): RM1.900 (-46.0 sen)
INARI (0166): RM2.070 (-12.0 sen)
CIMB (1023): RM7.810 (-41.0 sen)
Volume: 4.40 bn (100-bar avg vol: 2.92 bn)
Value: RM6.46 bn (100-bar avg val: RM2.53 bn)
Market Breadth: ⬆️257 ⬇️862
Crude palm oil: RM4,547 (+RM36)
Dow Futures: 43,400 pts (+103 pts)
**Source: Bloomberg, M+**
Forwarded from M+ On-The-Go
M+ Morning Market Buzz - 3Mar25
Dow Jones: 43,840.91 pts (+601.41pts, +1.39%)
⬆️ Resistance: 44800
⬇️ Support: 42300
FBM KLCI: 1,574.70 pts (-11.90pts, -0.75%)
⬆️ Resistance: 1630
⬇️ Support: 1540
HSI Index: 22,941.32 pts (-776.97pts, -3.28%)
⬆️ Resistance: 24600
⬇️ Support: 22300
Crude Palm Oil: RM4,554 (+RM43, +0.95%)
⬆️ Resistance: 4730
⬇️ Support: 4390
Brent Oil: $72.81 (-$0.76, -1.03%)
⬆️ Resistance: 76.80
⬇️ Support: 71.00
Gold: $2,857.83 (-$19.69, -0.68%)
⬆️ Resistance: 3020
⬇️ Support: 2780
Source: Bloomberg, M+
Dow Jones: 43,840.91 pts (+601.41pts, +1.39%)
⬆️ Resistance: 44800
⬇️ Support: 42300
FBM KLCI: 1,574.70 pts (-11.90pts, -0.75%)
⬆️ Resistance: 1630
⬇️ Support: 1540
HSI Index: 22,941.32 pts (-776.97pts, -3.28%)
⬆️ Resistance: 24600
⬇️ Support: 22300
Crude Palm Oil: RM4,554 (+RM43, +0.95%)
⬆️ Resistance: 4730
⬇️ Support: 4390
Brent Oil: $72.81 (-$0.76, -1.03%)
⬆️ Resistance: 76.80
⬇️ Support: 71.00
Gold: $2,857.83 (-$19.69, -0.68%)
⬆️ Resistance: 3020
⬇️ Support: 2780
Source: Bloomberg, M+
Forwarded from CGS International Securities Malaysia
*Trading Stocks today:*
For *Trendspotter*, please click on this link: < https://tinyurl.com/vjze6f57 > to view the report.
Or please logon to your account on http://www.cgsi.com.my/ and click on <Research> Tab.
*Malaysia*:
*SD Guthrie (5285)* (RM5.07): Technical Buy
Targets: RM5.46, RM5.77
Stop: RM4.67
*Gas Malaysia (5209)* (RM4.14): Technical Buy
Targets: RM4.32, RM4.55
Stop: RM3.89
*Fundamental Report(s):*
*Tenaga Nasional* - Beating the odds; a solid ending to 2024 (Maintain Add with a TP of RM19.10) https://tinyurl.com/3xn4ytk8
*Kuala Lumpur Kepong* - Lower losses from investment holdings (Maintain Hold with a TP of RM22.25) https://tinyurl.com/4vv33fsv
*Wasco Bhd* - A record final quarter (Maintain Add with a TP of RM2.00) https://tinyurl.com/4kx48zuw
*Muhibbah Engineering* - Strong 4Q but needs more sizeable wins (Maintain Add with a lower TP of RM1.10) https://tinyurl.com/45paunr6
*Mah Sing Group* - Stronger progress billing and sales ahead (Maintain Add with a TP of RM1.93) https://tinyurl.com/2masfdf2
*Genting Bhd* - 4Q24 dragged by GENM; lower DPS declared (Maintain Add with a TP of RM6.00) https://tinyurl.com/3jb3pddu
*Mr D.I.Y. Group (M) Bhd* - In-line earnings; expect long-term growth (Maintain Add with a TP of RM2.60) https://tinyurl.com/5n7akmws
Join CGS International Securities Malaysia's Official Telegram Channel https://t.me/cgsi_my
*3rd Mar 2025*
Disclaimers: This distribution is by CGS International Securities Malaysia Sdn. Bhd. (“CGS MY”) in Malaysia only. The views are our own as of this date and subject to change. No further distribution is allowed without our prior written consent. CGS MY, its related corporations, affiliates and business partners make no recommendation, offer or invitation to transact in any securities, futures contracts or other instruments. Please make your independent evaluation, consider your own investment objectives and financial situation and consult your own professional advisers before participating in any transaction.
For *Trendspotter*, please click on this link: < https://tinyurl.com/vjze6f57 > to view the report.
Or please logon to your account on http://www.cgsi.com.my/ and click on <Research> Tab.
*Malaysia*:
*SD Guthrie (5285)* (RM5.07): Technical Buy
Targets: RM5.46, RM5.77
Stop: RM4.67
*Gas Malaysia (5209)* (RM4.14): Technical Buy
Targets: RM4.32, RM4.55
Stop: RM3.89
*Fundamental Report(s):*
*Tenaga Nasional* - Beating the odds; a solid ending to 2024 (Maintain Add with a TP of RM19.10) https://tinyurl.com/3xn4ytk8
*Kuala Lumpur Kepong* - Lower losses from investment holdings (Maintain Hold with a TP of RM22.25) https://tinyurl.com/4vv33fsv
*Wasco Bhd* - A record final quarter (Maintain Add with a TP of RM2.00) https://tinyurl.com/4kx48zuw
*Muhibbah Engineering* - Strong 4Q but needs more sizeable wins (Maintain Add with a lower TP of RM1.10) https://tinyurl.com/45paunr6
*Mah Sing Group* - Stronger progress billing and sales ahead (Maintain Add with a TP of RM1.93) https://tinyurl.com/2masfdf2
*Genting Bhd* - 4Q24 dragged by GENM; lower DPS declared (Maintain Add with a TP of RM6.00) https://tinyurl.com/3jb3pddu
*Mr D.I.Y. Group (M) Bhd* - In-line earnings; expect long-term growth (Maintain Add with a TP of RM2.60) https://tinyurl.com/5n7akmws
Join CGS International Securities Malaysia's Official Telegram Channel https://t.me/cgsi_my
*3rd Mar 2025*
Disclaimers: This distribution is by CGS International Securities Malaysia Sdn. Bhd. (“CGS MY”) in Malaysia only. The views are our own as of this date and subject to change. No further distribution is allowed without our prior written consent. CGS MY, its related corporations, affiliates and business partners make no recommendation, offer or invitation to transact in any securities, futures contracts or other instruments. Please make your independent evaluation, consider your own investment objectives and financial situation and consult your own professional advisers before participating in any transaction.
Forwarded from CGS International Securities Malaysia
*Corporate news*
*MISC Bhd* said on Friday that it has secured long-term contracts for two Very Large Ethane Carriers (VLECs) from Thailand’s PTT Public Company Limited. (The Edge Malaysia)
*CelcomDigi Bhd* has announced a strategic collaboration with EV charge point operators JomCharge and Yinson Greentech’s chargEV to accelerate the deployment of EV charging points across the country. (The Edge Malaysia)
*Malakoff Corp Bhd* on Friday completed the acquisition of a 49% stake in solid waste management company, E-Idaman Sdn Bhd, after multiple extensions of the cut-off dates. (The Edge Malaysia)
Sunway Property, the real estate arm of *Sunway Bhd*, has set a sales target of RM3.6bn for 2025, following a strong performance in 2024, where it exceeded expectations by achieving RM3bn in sales against a RM2.6bn target, it said in a press release on Friday. (The Edge Malaysia)
*Inta Bina Group Bhd* has secured a RM181m contract to undertake the construction of a mixed commercial development project in Kuala Langat, Selangor. (The Edge Malaysia)
*Theta Edge Bhd*’s wholly owned subsidiary Theta Technologies Sdn Bhd has won a RM130.5m contract from the Social Security Organisation (Socso) to supply and maintain hardware and software systems. (The Edge Malaysia)
*Vetece Holdings Bhd*’s wholly owned subsidiary, Vision Technology Consulting Sdn Bhd, has accepted a software licence purchase order from a global vendor, amounting to approximately RM25m. (The Edge Malaysia)
*Matrix Concepts Holdings Bhd* and X Park Malaysia have formalised a partnership to develop an extreme sports park in Bandar Seri Impian in Kluang, Johor, with a RM10m investment aimed at enhancing the township’s recreational appeal. (The Edge Malaysia)
*Exsim Hospitality Bhd* is raising up to RM250.8m via a rights issue with warrants, to partly fund the RM240.3m acquisition of a new five-star hotel in Empire City, Petaling Jaya, Selangor. (The Edge Malaysia)
*3rd Mar 2025*
Disclaimers: This distribution is by CGS International Securities Malaysia Sdn. Bhd. (“CGS MY”) in Malaysia only. The views are our own as of this date and subject to change. No further distribution is allowed without our prior written consent. CGS MY, its related corporations, affiliates and business partners make no recommendation, offer or invitation to transact in any securities, futures contracts or other instruments. Please make your independent evaluation, consider your own investment objectives and financial situation and consult your own professional advisers before participating in any transaction.
*MISC Bhd* said on Friday that it has secured long-term contracts for two Very Large Ethane Carriers (VLECs) from Thailand’s PTT Public Company Limited. (The Edge Malaysia)
*CelcomDigi Bhd* has announced a strategic collaboration with EV charge point operators JomCharge and Yinson Greentech’s chargEV to accelerate the deployment of EV charging points across the country. (The Edge Malaysia)
*Malakoff Corp Bhd* on Friday completed the acquisition of a 49% stake in solid waste management company, E-Idaman Sdn Bhd, after multiple extensions of the cut-off dates. (The Edge Malaysia)
Sunway Property, the real estate arm of *Sunway Bhd*, has set a sales target of RM3.6bn for 2025, following a strong performance in 2024, where it exceeded expectations by achieving RM3bn in sales against a RM2.6bn target, it said in a press release on Friday. (The Edge Malaysia)
*Inta Bina Group Bhd* has secured a RM181m contract to undertake the construction of a mixed commercial development project in Kuala Langat, Selangor. (The Edge Malaysia)
*Theta Edge Bhd*’s wholly owned subsidiary Theta Technologies Sdn Bhd has won a RM130.5m contract from the Social Security Organisation (Socso) to supply and maintain hardware and software systems. (The Edge Malaysia)
*Vetece Holdings Bhd*’s wholly owned subsidiary, Vision Technology Consulting Sdn Bhd, has accepted a software licence purchase order from a global vendor, amounting to approximately RM25m. (The Edge Malaysia)
*Matrix Concepts Holdings Bhd* and X Park Malaysia have formalised a partnership to develop an extreme sports park in Bandar Seri Impian in Kluang, Johor, with a RM10m investment aimed at enhancing the township’s recreational appeal. (The Edge Malaysia)
*Exsim Hospitality Bhd* is raising up to RM250.8m via a rights issue with warrants, to partly fund the RM240.3m acquisition of a new five-star hotel in Empire City, Petaling Jaya, Selangor. (The Edge Malaysia)
*3rd Mar 2025*
Disclaimers: This distribution is by CGS International Securities Malaysia Sdn. Bhd. (“CGS MY”) in Malaysia only. The views are our own as of this date and subject to change. No further distribution is allowed without our prior written consent. CGS MY, its related corporations, affiliates and business partners make no recommendation, offer or invitation to transact in any securities, futures contracts or other instruments. Please make your independent evaluation, consider your own investment objectives and financial situation and consult your own professional advisers before participating in any transaction.