M+ Morning Market Buzz - 29Apr25
Dow Jones: 40,227.59 pts (+114.09pts, +0.28%)
⬆️ Resistance: 41300
⬇️ Support: 37800
FBM KLCI: 1,521.59 pts (+12.39pts, +0.82%)
⬆️ Resistance: 1560
⬇️ Support: 1460
HSI Index: 21,971.96 pts (-8.78pts, -0.04%)
⬆️ Resistance: 22800
⬇️ Support: 20800
Crude Palm Oil: RM3,965 (+RM28, +0.71%)
⬆️ Resistance: 4240
⬇️ Support: 3790
Brent Oil: $65.86 (-$1.01, -1.51%)
⬆️ Resistance: 70.10
⬇️ Support: 64.00
Gold: $3,343.98 (-$5.77, -0.17%)
⬆️ Resistance: 3580
⬇️ Support: 3200
Source: Bloomberg, M+
Dow Jones: 40,227.59 pts (+114.09pts, +0.28%)
⬆️ Resistance: 41300
⬇️ Support: 37800
FBM KLCI: 1,521.59 pts (+12.39pts, +0.82%)
⬆️ Resistance: 1560
⬇️ Support: 1460
HSI Index: 21,971.96 pts (-8.78pts, -0.04%)
⬆️ Resistance: 22800
⬇️ Support: 20800
Crude Palm Oil: RM3,965 (+RM28, +0.71%)
⬆️ Resistance: 4240
⬇️ Support: 3790
Brent Oil: $65.86 (-$1.01, -1.51%)
⬆️ Resistance: 70.10
⬇️ Support: 64.00
Gold: $3,343.98 (-$5.77, -0.17%)
⬆️ Resistance: 3580
⬇️ Support: 3200
Source: Bloomberg, M+
M+ Market Update – 29Apr25
Near-Term Sentiment Remains Steady
US: Wall Street ended marginally higher on Monday as investors digested Treasury Secretary Bessent’s positive comments about progress on trade negotiations with Asian countries, including South Korea, India and Japan, while awaiting earnings reports from mega cap companies this week; Microsoft and Meta are set to report on Wednesday, while Apple and Amazon are scheduled on Thursday. We believe the positive sentiment could sustain on Wall Street’s momentum at least for the near term. Traders will also monitor the JOLTS job openings (Mar) and CB consumer confidence (Apr) later today. In the commodities market, Brent Crude continued to hover around USD 65-66/bbl, while Gold retreated from its all-time-high toward USD 3,344/ oz. Meanwhile, CPO prices are trading below RM 4,000/MT.
MY: Given the rising incidents of cyber threats, we remain positive on cybersecurity stocks like LGMS and Cloudpoint, as we believe market participants will realise the importance of cybersecurity as global digitalisation effort accelerates and we expect software related stocks to be less impacted by the reciprocal trade tariffs. Besides, traders could focus on selected Construction, O&G, Technology, Utility and Glove stocks for the session, as well as WTEC Group Berhad (M+ TP: RM0.56), which will be listed on the ACE Market today.
Stocks to watch:
Construction: BNASTRA, INTA, *SUNCON*
O&G: *KEYFIELD*, *PGLOBAL*
Technology: *NOTION*
Utility: *KJTS*
Glove: *HARTA*, TOPGLOV
Source: M+
Near-Term Sentiment Remains Steady
US: Wall Street ended marginally higher on Monday as investors digested Treasury Secretary Bessent’s positive comments about progress on trade negotiations with Asian countries, including South Korea, India and Japan, while awaiting earnings reports from mega cap companies this week; Microsoft and Meta are set to report on Wednesday, while Apple and Amazon are scheduled on Thursday. We believe the positive sentiment could sustain on Wall Street’s momentum at least for the near term. Traders will also monitor the JOLTS job openings (Mar) and CB consumer confidence (Apr) later today. In the commodities market, Brent Crude continued to hover around USD 65-66/bbl, while Gold retreated from its all-time-high toward USD 3,344/ oz. Meanwhile, CPO prices are trading below RM 4,000/MT.
MY: Given the rising incidents of cyber threats, we remain positive on cybersecurity stocks like LGMS and Cloudpoint, as we believe market participants will realise the importance of cybersecurity as global digitalisation effort accelerates and we expect software related stocks to be less impacted by the reciprocal trade tariffs. Besides, traders could focus on selected Construction, O&G, Technology, Utility and Glove stocks for the session, as well as WTEC Group Berhad (M+ TP: RM0.56), which will be listed on the ACE Market today.
Stocks to watch:
Construction: BNASTRA, INTA, *SUNCON*
O&G: *KEYFIELD*, *PGLOBAL*
Technology: *NOTION*
Utility: *KJTS*
Glove: *HARTA*, TOPGLOV
Source: M+
Good Morning All,
Here’s our IPO note on Oasis Home Holding Bhd: Your Trusted Guide to Global Trading | Malacca Securities (mplusonline.com)
We assign a fair value of RM0.42 per share for OHM, representing a 50.0% upside from its IPO price of RM0.28. This valuation is based on a P/E ratio of 18.0x, pegged
to the mid-FY26F EPS of 2.35 sen. While this valuation carries a 7.1-20% premium over the Bursa Malaysia Consumer Products Index—which is trading at an average P/E of 16.8x and a forward P/E of 15.0x—we believe the premium is justified as OHM offers a unique exposure to the live commerce segment, a model that is highly adaptable to changing market conditions.
Investment highlights include:
(i) First live commerce company to be listed on Bursa Malaysia
(ii) Strong online presence
(iii) Wide range of SKU products
(iv) Strong brand equity through in-house product lines
(v) Quality commitment and after-sales support
(vi) Investing in live commerce channel expansion
(vii) Development of a new headquarters
(viii) Establishment of in-house fulfilment centre to reduce operational costs
(ix) E-commerce gaining traction in Southeast Asia
(x) Rising disposable income and population growth to support long-term demand
Research Team, M+
29 Apr 2025
Here’s our IPO note on Oasis Home Holding Bhd: Your Trusted Guide to Global Trading | Malacca Securities (mplusonline.com)
We assign a fair value of RM0.42 per share for OHM, representing a 50.0% upside from its IPO price of RM0.28. This valuation is based on a P/E ratio of 18.0x, pegged
to the mid-FY26F EPS of 2.35 sen. While this valuation carries a 7.1-20% premium over the Bursa Malaysia Consumer Products Index—which is trading at an average P/E of 16.8x and a forward P/E of 15.0x—we believe the premium is justified as OHM offers a unique exposure to the live commerce segment, a model that is highly adaptable to changing market conditions.
Investment highlights include:
(i) First live commerce company to be listed on Bursa Malaysia
(ii) Strong online presence
(iii) Wide range of SKU products
(iv) Strong brand equity through in-house product lines
(v) Quality commitment and after-sales support
(vi) Investing in live commerce channel expansion
(vii) Development of a new headquarters
(viii) Establishment of in-house fulfilment centre to reduce operational costs
(ix) E-commerce gaining traction in Southeast Asia
(x) Rising disposable income and population growth to support long-term demand
Research Team, M+
29 Apr 2025
Good Morning All,
We issued a technical buy call on Pantech Global Bhd: Your Trusted Guide to Global Trading | Malacca Securities (mplusonline.com)
Trading catalysts include:
(i) Unaffected by US tariffs
(ii) Q4 earnings boost from bargain purchase
(iii) First-ever dividend declared
Research Team, M+
29 Apr 2025
We issued a technical buy call on Pantech Global Bhd: Your Trusted Guide to Global Trading | Malacca Securities (mplusonline.com)
Trading catalysts include:
(i) Unaffected by US tariffs
(ii) Q4 earnings boost from bargain purchase
(iii) First-ever dividend declared
Research Team, M+
29 Apr 2025
Forwarded from MWM Technical View Channel
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🎓 INVESTOR WAJIB TAHU: TEKNIKAL ANALISIS DALAM SAHAM
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Jangan lepaskan peluang untuk belajar asas dan strategi teknikal secara PERCUMA bersama MWM Group! 📊📈
📆 Tarikh: Selasa, 29 April 2025
🕣 Masa: 8.30 malam
💻 Platform: Zoom Meeting (Online)
🔗 Link Zoom:
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🔐 Meeting ID: 867 8749 1040
🔑 Passcode: 537955
📍 Lokasi (kelas fizikal):
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M+ Market Wrap - 29Apr25
FBM KLCI: 1,515.56 pts (-6.03pts, -0.40%)
After experiencing a close to 10% gain since its lowest low on April 9, the FBMKLCI (-0.40%) retreated and closed lower at 1,515.56 pts, as profit-taking emerged in key heavyweights like PMETAL (-11.0 sen) and PETGAS (-42.0 sen). The market breadth was also bearish, with 506 losers outpacing 405 winners. The broader market environment remained soft, with only 4 out of the 13 sectors ending in the positive territory. Healthcare (+0.78%) outperformed, while Telecommunications & Media (-0.81%) declined the most.
Top 3 Active stocks:
VELESTO (5243): RM0.150 (-0.5 sen)
NEXG (5216): RM0.340 (-3.0 sen)
NOTION (0083): RM0.670 (-2.5 sen)
Volume: 3.04 bn (100-bar avg vol: 3.02 bn)
Value: RM1.81 bn (100-bar avg val: RM2.54 bn)
Market Breadth: ⬆️405⬇️506
Crude palm oil: RM3,945 (-RM20)
Dow Futures: 40,461 pts (+93 pts)
**Source: Bloomberg, M+**
FBM KLCI: 1,515.56 pts (-6.03pts, -0.40%)
After experiencing a close to 10% gain since its lowest low on April 9, the FBMKLCI (-0.40%) retreated and closed lower at 1,515.56 pts, as profit-taking emerged in key heavyweights like PMETAL (-11.0 sen) and PETGAS (-42.0 sen). The market breadth was also bearish, with 506 losers outpacing 405 winners. The broader market environment remained soft, with only 4 out of the 13 sectors ending in the positive territory. Healthcare (+0.78%) outperformed, while Telecommunications & Media (-0.81%) declined the most.
Top 3 Active stocks:
VELESTO (5243): RM0.150 (-0.5 sen)
NEXG (5216): RM0.340 (-3.0 sen)
NOTION (0083): RM0.670 (-2.5 sen)
Volume: 3.04 bn (100-bar avg vol: 3.02 bn)
Value: RM1.81 bn (100-bar avg val: RM2.54 bn)
Market Breadth: ⬆️405⬇️506
Crude palm oil: RM3,945 (-RM20)
Dow Futures: 40,461 pts (+93 pts)
**Source: Bloomberg, M+**
M+ Morning Market Buzz - 30Apr25
Dow Jones: 40,527.62 pts (+300.03pts, +0.75%)
⬆️ Resistance: 41500
⬇️ Support: 38600
FBM KLCI: 1,515.56 pts (-6.03pts, -0.40%)
⬆️ Resistance: 1560
⬇️ Support: 1470
HSI Index: 22,008.11 pts (+36.15pts, +0.16%)
⬆️ Resistance: 22800
⬇️ Support: 21300
Crude Palm Oil: RM3,943 (-RM55, -1.39%)
⬆️ Resistance: 4240
⬇️ Support: 3850
Brent Oil: $64.25 (-$1.61, -2.44%)
⬆️ Resistance: 70.10
⬇️ Support: 62.70
Gold: $3,317.41 (+$1.74, +0.05%)
⬆️ Resistance: 3460
⬇️ Support: 3200
Source: Bloomberg, M+
Dow Jones: 40,527.62 pts (+300.03pts, +0.75%)
⬆️ Resistance: 41500
⬇️ Support: 38600
FBM KLCI: 1,515.56 pts (-6.03pts, -0.40%)
⬆️ Resistance: 1560
⬇️ Support: 1470
HSI Index: 22,008.11 pts (+36.15pts, +0.16%)
⬆️ Resistance: 22800
⬇️ Support: 21300
Crude Palm Oil: RM3,943 (-RM55, -1.39%)
⬆️ Resistance: 4240
⬇️ Support: 3850
Brent Oil: $64.25 (-$1.61, -2.44%)
⬆️ Resistance: 70.10
⬇️ Support: 62.70
Gold: $3,317.41 (+$1.74, +0.05%)
⬆️ Resistance: 3460
⬇️ Support: 3200
Source: Bloomberg, M+
M+ Market Update – 30Apr25
Buying Interest Could Spillover
US: Wall Street extended its gains, driven by falling Treasury yields and the White House’s easing tariff rhetoric, including a planned rollback of 25% car-related tariffs. Also, Commerce Secretary Lutnick mentioned that the Trump administration has reached its first trade deal, which could fuel further upward momentum. Traders will monitor the US Q1 GDP and China’s April manufacturing PMI today. In the commodities market, Brent Crude retreated below USD65/bbl, while Gold continued to hover above USD3,300/ oz. Meanwhile, CPO prices continued to trade below RM4,000/MT.
MY: In view of the positive Wall Street performance, we remain optimistic that buying momentum may persist, though the upside could be capped due to the Labour Day public holiday. We observed certain technology counters forming rounding bottom formation such as SNS, DUFU, and Vitrox. Besides, solar-related counters are in the uptrend, presenting trading opportunities for longer term growth under the NETR masterplan. Lastly, investors may consider MYEG, which has partnered with MIMOS to launch the Malaysia Blockchain Infrastructure (MBI), aimed at driving blockchain innovation and digital asset integration across industries.
Stocks to watch:
Utility: *KJTS*, *PEKAT*, SCGBHD
Construction: INTA, SSB8, *SUNCON*
Consumer: *KOPI*
Healthcare: *KPJ*
Source: M+
Buying Interest Could Spillover
US: Wall Street extended its gains, driven by falling Treasury yields and the White House’s easing tariff rhetoric, including a planned rollback of 25% car-related tariffs. Also, Commerce Secretary Lutnick mentioned that the Trump administration has reached its first trade deal, which could fuel further upward momentum. Traders will monitor the US Q1 GDP and China’s April manufacturing PMI today. In the commodities market, Brent Crude retreated below USD65/bbl, while Gold continued to hover above USD3,300/ oz. Meanwhile, CPO prices continued to trade below RM4,000/MT.
MY: In view of the positive Wall Street performance, we remain optimistic that buying momentum may persist, though the upside could be capped due to the Labour Day public holiday. We observed certain technology counters forming rounding bottom formation such as SNS, DUFU, and Vitrox. Besides, solar-related counters are in the uptrend, presenting trading opportunities for longer term growth under the NETR masterplan. Lastly, investors may consider MYEG, which has partnered with MIMOS to launch the Malaysia Blockchain Infrastructure (MBI), aimed at driving blockchain innovation and digital asset integration across industries.
Stocks to watch:
Utility: *KJTS*, *PEKAT*, SCGBHD
Construction: INTA, SSB8, *SUNCON*
Consumer: *KOPI*
Healthcare: *KPJ*
Source: M+
Media is too big
VIEW IN TELEGRAM
SAHAM TEKNOLOGI ROUNDING BOTTOM! Peluang Untung Saham SNS, DUFU & VITROX
Disclaimer: Maklumat dalam video ini adalah untuk tujuan pendidikan dan maklumat sahaja dan tidak boleh dianggap sebagai nasihat pelaburan. Sebarang keputusan pelaburan adalah tanggungjawab anda sendiri. Sila lakukan kajian dan dapatkan nasihat daripada pakar kewangan yang bertauliah sebelum membuat sebarang keputusan. Pihak kami tidak bertanggungjawab atas sebarang kerugian atau keuntungan yang timbul daripada penggunaan maklumat dalam video ini.
Disclaimer: Maklumat dalam video ini adalah untuk tujuan pendidikan dan maklumat sahaja dan tidak boleh dianggap sebagai nasihat pelaburan. Sebarang keputusan pelaburan adalah tanggungjawab anda sendiri. Sila lakukan kajian dan dapatkan nasihat daripada pakar kewangan yang bertauliah sebelum membuat sebarang keputusan. Pihak kami tidak bertanggungjawab atas sebarang kerugian atau keuntungan yang timbul daripada penggunaan maklumat dalam video ini.
M+ Market Wrap - 30Apr25
FBM KLCI: 1,540.22 pts (+24.66pts, +1.63%)
Mirroring the upbeat regional markets' performance, the FBMKLCI (+1.63%) snapped its one-day loss and closed higher at 1,540.22 pts, led by the rebounds in PCHEM (+20.0 sen) and PETGAS (+68.0 sen). The market breadth turned positive, with 559 winners against 364 losers. In the broader market, the Construction (+2.20%) sector outperformed, buoyed by gains in GAMUDA (+19.0 sen) and IJM (+3.0 sen), while Telecommunications & Media (-0.85%) declined the most.
Top 3 Active stocks:
NATGATE (0270): RM1.360 (+8.0 sen)
MYEG (0138): RM0.895 (-0.5 sen)
VELESTO (5243): RM0.155 (+0.5 sen)
Volume: 2.57 bn (100-bar avg vol: 3.01 bn)
Value: RM2.25 bn (100-bar avg val: RM2.53 bn)
Market Breadth: ⬆️559⬇️364
Crude palm oil: RM3,901 (-RM42)
Dow Futures: 40,639 pts (-19 pts)
**Source: Bloomberg, M+**
FBM KLCI: 1,540.22 pts (+24.66pts, +1.63%)
Mirroring the upbeat regional markets' performance, the FBMKLCI (+1.63%) snapped its one-day loss and closed higher at 1,540.22 pts, led by the rebounds in PCHEM (+20.0 sen) and PETGAS (+68.0 sen). The market breadth turned positive, with 559 winners against 364 losers. In the broader market, the Construction (+2.20%) sector outperformed, buoyed by gains in GAMUDA (+19.0 sen) and IJM (+3.0 sen), while Telecommunications & Media (-0.85%) declined the most.
Top 3 Active stocks:
NATGATE (0270): RM1.360 (+8.0 sen)
MYEG (0138): RM0.895 (-0.5 sen)
VELESTO (5243): RM0.155 (+0.5 sen)
Volume: 2.57 bn (100-bar avg vol: 3.01 bn)
Value: RM2.25 bn (100-bar avg val: RM2.53 bn)
Market Breadth: ⬆️559⬇️364
Crude palm oil: RM3,901 (-RM42)
Dow Futures: 40,639 pts (-19 pts)
**Source: Bloomberg, M+**
Forwarded from MWM Technical View Channel
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📆 Tarikh: 30 April 2025 (Rabu)
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M+ Morning Market Buzz - 2May25
Dow Jones: 40,752.96 pts (+83.60pts, +0.21%)
⬆️ Resistance: 42000
⬇️ Support: 39000
FBM KLCI: 1,540.22 pts (+24.66pts, +1.63%)
⬆️ Resistance: 1580
⬇️ Support: 1480
HSI Index: 22,119.41 pts (+111.30pts, +0.51%)
⬆️ Resistance: 22800
⬇️ Support: 21400
Crude Palm Oil: RM3,911 (-RM32, -0.81%)
⬆️ Resistance: 4240
⬇️ Support: 3810
Brent Oil: $62.13 (+$1.07, +1.75%)
⬆️ Resistance: 69.00
⬇️ Support: 58.20
Gold: $3,239.20 (-$4.40, -0.14%)
⬆️ Resistance: 3440
⬇️ Support: 3140
Source: Bloomberg, M+
Dow Jones: 40,752.96 pts (+83.60pts, +0.21%)
⬆️ Resistance: 42000
⬇️ Support: 39000
FBM KLCI: 1,540.22 pts (+24.66pts, +1.63%)
⬆️ Resistance: 1580
⬇️ Support: 1480
HSI Index: 22,119.41 pts (+111.30pts, +0.51%)
⬆️ Resistance: 22800
⬇️ Support: 21400
Crude Palm Oil: RM3,911 (-RM32, -0.81%)
⬆️ Resistance: 4240
⬇️ Support: 3810
Brent Oil: $62.13 (+$1.07, +1.75%)
⬆️ Resistance: 69.00
⬇️ Support: 58.20
Gold: $3,239.20 (-$4.40, -0.14%)
⬆️ Resistance: 3440
⬇️ Support: 3140
Source: Bloomberg, M+
M+ Market Update – 02May25
Sustained Buying Interest In Foreign Funds
US: Wall Street extended its gains on Thursday, driven by strong earnings from Microsoft and Meta, which reinforced investor confidence in sustained AI-driven growth. Microsoft surged over 7% on stronger cloud guidance, while Meta rose more than 4% after raising its 2025 CapEx outlook to support AI investments. However, the Wall Street futures are lower, digesting earnings from Apple and Amazon. On the economic front, traders will turn their attention to April’s nonfarm payroll and unemployment rate data due later today. In the commodities market, Brent crude declined further toward USD 62/bbl, while gold prices also retreated below USD 3,300/oz. Meanwhile, CPO prices continued to trade below RM 4,000/MT.
MY: The local index maintained its upward momentum and is poised for further gains in the near term supported by six continuous trading days of foreign fund inflows. Meanwhile, with the government removing 50% of its egg subsidy, and a full removal scheduled by 1st August 2025, is expected to boost profitability for poultry producers. Breakouts have been observed in several egg-related counters, including TEOSENG, PWF, LAYHONG and CAB, presenting trading opportunities. Lastly, ReachTen Holdings Berhad (M+ TP: RM0.71), a leading Sarawak-based telco service provider, will be listed on the Main Market today.
Stocks to watch:
Consumer: DXN, LAYHONG, *TEOSENG*
Utility: KJTS, PEKAT, *SCGBHD*
O&G: *PGLOBAL*
Construction: *GAMUDA*
Technology: *NATGATE*
Healthcare: KPJ
Source: M+
Sustained Buying Interest In Foreign Funds
US: Wall Street extended its gains on Thursday, driven by strong earnings from Microsoft and Meta, which reinforced investor confidence in sustained AI-driven growth. Microsoft surged over 7% on stronger cloud guidance, while Meta rose more than 4% after raising its 2025 CapEx outlook to support AI investments. However, the Wall Street futures are lower, digesting earnings from Apple and Amazon. On the economic front, traders will turn their attention to April’s nonfarm payroll and unemployment rate data due later today. In the commodities market, Brent crude declined further toward USD 62/bbl, while gold prices also retreated below USD 3,300/oz. Meanwhile, CPO prices continued to trade below RM 4,000/MT.
MY: The local index maintained its upward momentum and is poised for further gains in the near term supported by six continuous trading days of foreign fund inflows. Meanwhile, with the government removing 50% of its egg subsidy, and a full removal scheduled by 1st August 2025, is expected to boost profitability for poultry producers. Breakouts have been observed in several egg-related counters, including TEOSENG, PWF, LAYHONG and CAB, presenting trading opportunities. Lastly, ReachTen Holdings Berhad (M+ TP: RM0.71), a leading Sarawak-based telco service provider, will be listed on the Main Market today.
Stocks to watch:
Consumer: DXN, LAYHONG, *TEOSENG*
Utility: KJTS, PEKAT, *SCGBHD*
O&G: *PGLOBAL*
Construction: *GAMUDA*
Technology: *NATGATE*
Healthcare: KPJ
Source: M+