Forwarded from M+ On-The-Go
M+ Morning Market Buzz - 18Sep25
Dow Jones: 46,018.32 pts (+260.42pts, +0.57%)
⬆️ Resistance: 47200
⬇️ Support: 44700
FBM KLCI: 1,611.70 pts (+11.57pts, +0.72%)
⬆️ Resistance: 1650
⬇️ Support: 1550
HSI Index: 26,908.39 pts (+469.88pts, +1.78%)
⬆️ Resistance: 27500
⬇️ Support: 25400
Crude Palm Oil: RM4,475 (-RM23, -0.51%)
⬆️ Resistance: 4650
⬇️ Support: 4310
Brent Oil: $67.95 (-$0.52, -0.76%)
⬆️ Resistance: 70.10
⬇️ Support: 64.40
Gold: $3,659.90 (+$3.29, +0.08%)
⬆️ Resistance: 3790
⬇️ Support: 3550
Source: Bloomberg, M+ Global
Dow Jones: 46,018.32 pts (+260.42pts, +0.57%)
⬆️ Resistance: 47200
⬇️ Support: 44700
FBM KLCI: 1,611.70 pts (+11.57pts, +0.72%)
⬆️ Resistance: 1650
⬇️ Support: 1550
HSI Index: 26,908.39 pts (+469.88pts, +1.78%)
⬆️ Resistance: 27500
⬇️ Support: 25400
Crude Palm Oil: RM4,475 (-RM23, -0.51%)
⬆️ Resistance: 4650
⬇️ Support: 4310
Brent Oil: $67.95 (-$0.52, -0.76%)
⬆️ Resistance: 70.10
⬇️ Support: 64.40
Gold: $3,659.90 (+$3.29, +0.08%)
⬆️ Resistance: 3790
⬇️ Support: 3550
Source: Bloomberg, M+ Global
Forwarded from M+ On-The-Go
M+ Global Market Update – 18Sep25
More Rate Cuts Expected Moving Forward
US: Wall Street ended mixed on Wednesday as the Fed delivered a 25bps rate cut, largely in line with market expectations, while signalling two further cuts this year to cushion the slowdown in the labour market. The Fed commented that inflation was "somewhat elevated" and the unemployment outlook was largely unchanged. Traders characterised the rate cut as a "risk management cut" rather than the beginning of an interest rate downcycle. Nonetheless, we expect the Russell 2000 index to continue gaining momentum in this environment, while the Technology sector may pull back further, translating to softer S&P 500 and Nasdaq movements.
MY: Following the Fed's rate cut decision, we expect the FBMKLCI to continue trading higher today, as improving global liquidity should bode well for Asian and emerging markets, including Malaysia. However, with the 19% tariff on 1st August, coupled with a weakening USD, we believe the export-oriented sectors will be negatively impacted in the upcoming results. On the flip side, domestically-driven sectors such as construction, utilities, REITs, banks, and consumer products & services should be in focus. Meanwhile, with the news of KLK launching its KLK TechPark, we remain bullish on KLK, as well as property developers with industrial or tech park exposure, including ECOWLD, SIMEPROP, and MAHSING.
Stocks to watch:
Financial: *AMBANK*, *BURSA*, *MNRB*
Consumer: 99SMART, *HAPSENG*
Utility: YTL, YTLPOWR
Technology: *SNS*
Gaming: *GENM*
Construction: HEGROUP
REIT: SUNREIT
Source: M+ Global
More Rate Cuts Expected Moving Forward
US: Wall Street ended mixed on Wednesday as the Fed delivered a 25bps rate cut, largely in line with market expectations, while signalling two further cuts this year to cushion the slowdown in the labour market. The Fed commented that inflation was "somewhat elevated" and the unemployment outlook was largely unchanged. Traders characterised the rate cut as a "risk management cut" rather than the beginning of an interest rate downcycle. Nonetheless, we expect the Russell 2000 index to continue gaining momentum in this environment, while the Technology sector may pull back further, translating to softer S&P 500 and Nasdaq movements.
MY: Following the Fed's rate cut decision, we expect the FBMKLCI to continue trading higher today, as improving global liquidity should bode well for Asian and emerging markets, including Malaysia. However, with the 19% tariff on 1st August, coupled with a weakening USD, we believe the export-oriented sectors will be negatively impacted in the upcoming results. On the flip side, domestically-driven sectors such as construction, utilities, REITs, banks, and consumer products & services should be in focus. Meanwhile, with the news of KLK launching its KLK TechPark, we remain bullish on KLK, as well as property developers with industrial or tech park exposure, including ECOWLD, SIMEPROP, and MAHSING.
Stocks to watch:
Financial: *AMBANK*, *BURSA*, *MNRB*
Consumer: 99SMART, *HAPSENG*
Utility: YTL, YTLPOWR
Technology: *SNS*
Gaming: *GENM*
Construction: HEGROUP
REIT: SUNREIT
Source: M+ Global
Malaysian glove makers under growing threat from Chinese factories in neighbouring countries, RHB Research warns
https://theedgemalaysia.com/node/770660
https://theedgemalaysia.com/node/770660
The Edge Malaysia
Malaysian glovemakers under growing threat from Chinese factories in neighbouring countries, RHB Research warns
Chinese factories firing up in neighbouring countries are posing a growing threat to Malaysia’s glove manufacturers’ exports to the US, RHB Research flagged.
Malaysian stocks, ringgit could get a lift from falling US interest rates, say analysts
https://theedgemalaysia.com/node/770649
https://theedgemalaysia.com/node/770649
The Edge Malaysia
Malaysian stocks, ringgit could get a lift from falling US interest rates, say analysts
KUALA LUMPUR (Sept 18): Malaysian stocks and ringgit could get a boost from falling US interest rates as the US Federal Reserve kicks off its easing cycle, analysts said.
Forwarded from Trade With Maybank
Bursa Malaysia Midday Recap: Falling Within Expectations
The FBM KLCI pulled back today following yesterday’s strong rally in the second half. Today’s performance came about after the US Fed guided for a more measured approach to rate cuts which fell within market’s expectations (i.e. 2 more 25 bps cuts in 2025). Broad market investors also turned to lock in some profits with laggards outnumbering gainers today. Only 4 sectors stayed in the green today with property outperforming on the back of a small bounce in SPSETIA and KSL’s continued rally.
Investors bullish on yesterday’s rate cut may want to consider checking out JFTECH (Estimated Resistance: MYR0.485; Stop Loss: MYR0.395) or TMK (ER: MYR1.27; SL: MYR1.03), both highlighted in our technical analysis report today. Check out today’s video for a breakdown on the stocks’ technical set up.
Trade Your Way Forward. Simple, Smart and Seamlessly
#Middayrecap
The FBM KLCI pulled back today following yesterday’s strong rally in the second half. Today’s performance came about after the US Fed guided for a more measured approach to rate cuts which fell within market’s expectations (i.e. 2 more 25 bps cuts in 2025). Broad market investors also turned to lock in some profits with laggards outnumbering gainers today. Only 4 sectors stayed in the green today with property outperforming on the back of a small bounce in SPSETIA and KSL’s continued rally.
Investors bullish on yesterday’s rate cut may want to consider checking out JFTECH (Estimated Resistance: MYR0.485; Stop Loss: MYR0.395) or TMK (ER: MYR1.27; SL: MYR1.03), both highlighted in our technical analysis report today. Check out today’s video for a breakdown on the stocks’ technical set up.
Trade Your Way Forward. Simple, Smart and Seamlessly
#Middayrecap
Forwarded from Trade With Maybank
Zetrix AI Develops Platform in Partnership with JAKIM
Zetrix AI (ZETRIX), developer of NurAI, the world’s first shariah-compliant artificial intelligence model has partnered with the Department of Islamic Development Malaysia (JAKIM) to build an AI platform supporting Islamic rulings, halal certifications, and shariah guidance.
The collaboration covers the development of ethical guidelines and certification standards for AI systems grounded in Islamic principles.
NurAI, built in Malaysia on DeepSeek technology, aims to position Malaysia as a global hub for Islamic AI.
Bullish investors who are looking for leveraged exposure over ZETRIX may consider Call Warrants such as ZETRIX-C9M or ZETRIX-C9N, which cost only a fraction of the ZETRIX shares price.
#WarrantsWatch
Zetrix AI (ZETRIX), developer of NurAI, the world’s first shariah-compliant artificial intelligence model has partnered with the Department of Islamic Development Malaysia (JAKIM) to build an AI platform supporting Islamic rulings, halal certifications, and shariah guidance.
The collaboration covers the development of ethical guidelines and certification standards for AI systems grounded in Islamic principles.
NurAI, built in Malaysia on DeepSeek technology, aims to position Malaysia as a global hub for Islamic AI.
Bullish investors who are looking for leveraged exposure over ZETRIX may consider Call Warrants such as ZETRIX-C9M or ZETRIX-C9N, which cost only a fraction of the ZETRIX shares price.
#WarrantsWatch
Forwarded from M+ On-The-Go
M+ Morning Market Buzz - 24Sep25
Dow Jones: 46,292.78 pts (-88.76pts, -0.19%)
⬆️ Resistance: 47700
⬇️ Support: 44800
FBM KLCI: 1,603.55 pts (+0.21pts, +0.01%)
⬆️ Resistance: 1650
⬇️ Support: 1570
HSI Index: 26,159.12 pts (-185.02pts, -0.70%)
⬆️ Resistance: 27600
⬇️ Support: 25500
Crude Palm Oil: RM4,343 (+RM10, +0.23%)
⬆️ Resistance: 4650
⬇️ Support: 4190
Brent Oil: $67.63 (+$1.06, +1.59%)
⬆️ Resistance: 70.00
⬇️ Support: 64.70
Gold: $3,764.01 (+$1.21, +0.03%)
⬆️ Resistance: 3870
⬇️ Support: 3560
Source: Bloomberg, M+ Global
Dow Jones: 46,292.78 pts (-88.76pts, -0.19%)
⬆️ Resistance: 47700
⬇️ Support: 44800
FBM KLCI: 1,603.55 pts (+0.21pts, +0.01%)
⬆️ Resistance: 1650
⬇️ Support: 1570
HSI Index: 26,159.12 pts (-185.02pts, -0.70%)
⬆️ Resistance: 27600
⬇️ Support: 25500
Crude Palm Oil: RM4,343 (+RM10, +0.23%)
⬆️ Resistance: 4650
⬇️ Support: 4190
Brent Oil: $67.63 (+$1.06, +1.59%)
⬆️ Resistance: 70.00
⬇️ Support: 64.70
Gold: $3,764.01 (+$1.21, +0.03%)
⬆️ Resistance: 3870
⬇️ Support: 3560
Source: Bloomberg, M+ Global
Forwarded from M+ On-The-Go
M+ Global Market Update – 24Sep25
Profit Taking Activities May Emerge
US: With Jerome Powell’s take on Wall Street’s overstretched valuation, profit-taking activities were seen across Wall Street. As a result, we believe the pullback may extend in the near term. However, we expect news related to semiconductors—such as (i) Nvidia Corp's USD100bn investment in OpenAI, (ii) Nvidia acquiring a USD5 billion stake in Intel, and (iii) OpenAI teaming up with Oracle and Softbank to build 5 new Stargate data centers worth USD500bn—may cushion the downside risk. Meanwhile, with the U.S. administration aiming to boost its uranium reserve over the long term, we believe this could serve as a re-rating catalyst for nuclear-related stocks like UUUU, OKLO, UEC, and URA.
MY: Taking a cue from Wall Street's negative lead, we expect profit-taking activities on the KLCI's key index, with the Technology sector likely to see selling pressure. However, we continue to favour ITMAX, as its recent contract wins have solidified its recurring revenue, providing earnings visibility for at least the next 15-20 years. We also see trading opportunities within construction stocks like BNASTRA and INTA, given their (i) robust earnings results from key developers, (ii) sizeable order book coverage, and (iii) undemanding valuations. Lastly, with the recent developments in SLVEST, we believe buying interest may emerge in renewable energy-related stocks such as KENERGY, supported by government initiatives like NETR and the rollout of LSS5 packages.
Stocks to watch:
Technology: *ITMAX*, *NE*, UNISEM
Construction: *KIMLUN*, PESONA, PWRWELL
Utility: MALAKOF, *YTL*
Building Material: *SKBSHUT*
Gold-related: *EMCC*
Consumer: *SPRITZER*
Source: M+ Global
Profit Taking Activities May Emerge
US: With Jerome Powell’s take on Wall Street’s overstretched valuation, profit-taking activities were seen across Wall Street. As a result, we believe the pullback may extend in the near term. However, we expect news related to semiconductors—such as (i) Nvidia Corp's USD100bn investment in OpenAI, (ii) Nvidia acquiring a USD5 billion stake in Intel, and (iii) OpenAI teaming up with Oracle and Softbank to build 5 new Stargate data centers worth USD500bn—may cushion the downside risk. Meanwhile, with the U.S. administration aiming to boost its uranium reserve over the long term, we believe this could serve as a re-rating catalyst for nuclear-related stocks like UUUU, OKLO, UEC, and URA.
MY: Taking a cue from Wall Street's negative lead, we expect profit-taking activities on the KLCI's key index, with the Technology sector likely to see selling pressure. However, we continue to favour ITMAX, as its recent contract wins have solidified its recurring revenue, providing earnings visibility for at least the next 15-20 years. We also see trading opportunities within construction stocks like BNASTRA and INTA, given their (i) robust earnings results from key developers, (ii) sizeable order book coverage, and (iii) undemanding valuations. Lastly, with the recent developments in SLVEST, we believe buying interest may emerge in renewable energy-related stocks such as KENERGY, supported by government initiatives like NETR and the rollout of LSS5 packages.
Stocks to watch:
Technology: *ITMAX*, *NE*, UNISEM
Construction: *KIMLUN*, PESONA, PWRWELL
Utility: MALAKOF, *YTL*
Building Material: *SKBSHUT*
Gold-related: *EMCC*
Consumer: *SPRITZER*
Source: M+ Global
Forwarded from UOB Kay Hian Malaysia (Official)
UOBKH Retail Market Monitor
24 September 2025
FBMKLCI: 1,603.55 (+0.21)
Support: 1,562, 1,540
Resistance: 1,613, 1,648
Bursa Top Gainers:
SIME (+4.7%), QL (+2.3%), PMETAL (+1.2%)
Bursa Top Losers:
PETDAG (-1.3%), MRDIY (-1.2%), PCHEM (-0.9%)
Bursa Trade Statistics
Local Institutions (42.93%): +RM152..17M
Local Retail (19.62%): -RM50.55M
Foreign (37.45%): -RM101.61M
Global Equity Indexes
MSCI Asia : 220.82 (-0.41,-0.19%)
NASDAQ : 22, 573.47(-215.50, -0.95%)
S&P500 : 6,556.92(-36.83, -0.55%)
DJIA : 46, 292.78 (-88.76, -0.19%)
USD/MYR : 4.1960 (+0.0010)
SGD/MYR : 3.2704 (-0.0045)
Crude Oil (Brent) : $67.85 (+1.24)
Gold : $ 3763.67 (-17.03)
US stocks were lower after the close on Tuesday, as losses in the technology, consumer services and consumer goods sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.19%,while the S&P 500 index lost 0.55%, and the NASDAQ Composite index declined0.95%. Falling stocks outnumbered advancing ones on the NYSE by 1,476 to 1,264and 104 ended unchanged; on the Nasdaq Stock Exchange,2,084 fell and 1,264advanced, while 142 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) MCEMENT (KLSE: 3794)
Technical BUY with +23.8% potential return**
Last Price: RM6.31
* Target Price: RM7.22, RM7.81
* Support: RM5.98
* Stop Loss: RM5.97
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) ECOSHOP (KLSE: 5337)
Technical BUY with +15.8% potential return**
Last: RM1.39
* Target Price: RM1.50, RM1.61
* Support: RM1.30
* Stop Loss: RM1.29
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) ITMAX (KLSE: 5309)Technical BUY with +19.7% potential return
* Last: RM4.51
* Target Price: RM5.15, RM5.40
* Support: RM4.21
* Stop Loss: RM4.20
* Timeframe: 2weeks to 2 months
* Shariah: YES
Join UOB Kay Hian Malaysia's Official Telegram Channel https://t.me/UOBKayHianMalaysia
Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.
For the full research report, please log in to www.utrade.com.my
24 September 2025
FBMKLCI: 1,603.55 (+0.21)
Support: 1,562, 1,540
Resistance: 1,613, 1,648
Bursa Top Gainers:
SIME (+4.7%), QL (+2.3%), PMETAL (+1.2%)
Bursa Top Losers:
PETDAG (-1.3%), MRDIY (-1.2%), PCHEM (-0.9%)
Bursa Trade Statistics
Local Institutions (42.93%): +RM152..17M
Local Retail (19.62%): -RM50.55M
Foreign (37.45%): -RM101.61M
Global Equity Indexes
MSCI Asia : 220.82 (-0.41,-0.19%)
NASDAQ : 22, 573.47(-215.50, -0.95%)
S&P500 : 6,556.92(-36.83, -0.55%)
DJIA : 46, 292.78 (-88.76, -0.19%)
USD/MYR : 4.1960 (+0.0010)
SGD/MYR : 3.2704 (-0.0045)
Crude Oil (Brent) : $67.85 (+1.24)
Gold : $ 3763.67 (-17.03)
US stocks were lower after the close on Tuesday, as losses in the technology, consumer services and consumer goods sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.19%,while the S&P 500 index lost 0.55%, and the NASDAQ Composite index declined0.95%. Falling stocks outnumbered advancing ones on the NYSE by 1,476 to 1,264and 104 ended unchanged; on the Nasdaq Stock Exchange,2,084 fell and 1,264advanced, while 142 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) MCEMENT (KLSE: 3794)
Technical BUY with +23.8% potential return**
Last Price: RM6.31
* Target Price: RM7.22, RM7.81
* Support: RM5.98
* Stop Loss: RM5.97
* Timeframe: 2 weeks to 2 months
* Shariah: YES
2) ECOSHOP (KLSE: 5337)
Technical BUY with +15.8% potential return**
Last: RM1.39
* Target Price: RM1.50, RM1.61
* Support: RM1.30
* Stop Loss: RM1.29
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) ITMAX (KLSE: 5309)Technical BUY with +19.7% potential return
* Last: RM4.51
* Target Price: RM5.15, RM5.40
* Support: RM4.21
* Stop Loss: RM4.20
* Timeframe: 2weeks to 2 months
* Shariah: YES
Join UOB Kay Hian Malaysia's Official Telegram Channel https://t.me/UOBKayHianMalaysia
Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.
For the full research report, please log in to www.utrade.com.my
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Forwarded from Trade With Maybank
ITMAX Wins MYR50.97mil MPBP Contract
ITMAX System (ITMAX) has secured a contract worth MYR50.97 million from Majlis Perbandaran Batu Pahat (MPBP) for the installation and rental of a closed-circuit camera system, as well as the establishment of the Batu Pahat Smart Integrated Operations Centre.
In its Bursa Malaysia filing, the network systems provider said the contract was awarded via a letter of acceptance (LoA) and will run for 180 months from 1 Sep’25.
ITMAX noted that the LoA is expected to contribute positively to its earnings and net assets per share over the contract period.
Bullish investors who expect further upside in ITMAX may consider Call Warrants such as ITMAX-CU, which has an Effective Gearing of 4.0x.
#DailyHighlights
ITMAX System (ITMAX) has secured a contract worth MYR50.97 million from Majlis Perbandaran Batu Pahat (MPBP) for the installation and rental of a closed-circuit camera system, as well as the establishment of the Batu Pahat Smart Integrated Operations Centre.
In its Bursa Malaysia filing, the network systems provider said the contract was awarded via a letter of acceptance (LoA) and will run for 180 months from 1 Sep’25.
ITMAX noted that the LoA is expected to contribute positively to its earnings and net assets per share over the contract period.
Bullish investors who expect further upside in ITMAX may consider Call Warrants such as ITMAX-CU, which has an Effective Gearing of 4.0x.
#DailyHighlights
Forwarded from Trade With Maybank
Maybank IBG Traders’ Almanac
(24 Sept 2025) - Mid 70 and Small Caps fuel ongoing bullish run
Technical Trading Ideas💡for today:
1️⃣ KEYFIELD INTERNATIONAL BERHAD – 5321 (S)
2️⃣ CRESCENDO CORP BERHAD – 6718 (S)
3️⃣ KAWAN FOOD BERHAD – 7216 (S)
4️⃣ CPO FUTURES (CP: MYR 4,339)
5️⃣ KLCI INDEX FUTURES (CP: 1,608.50)
Note: S - Shariah Compliant
For the full report, stock ideas, and market flows, access Discover Tab on Maybank Trade MY app.
#MaybankIBGResearch
#MaybankIBGTA
(24 Sept 2025) - Mid 70 and Small Caps fuel ongoing bullish run
Technical Trading Ideas💡for today:
1️⃣ KEYFIELD INTERNATIONAL BERHAD – 5321 (S)
2️⃣ CRESCENDO CORP BERHAD – 6718 (S)
3️⃣ KAWAN FOOD BERHAD – 7216 (S)
4️⃣ CPO FUTURES (CP: MYR 4,339)
5️⃣ KLCI INDEX FUTURES (CP: 1,608.50)
Note: S - Shariah Compliant
For the full report, stock ideas, and market flows, access Discover Tab on Maybank Trade MY app.
#MaybankIBGResearch
#MaybankIBGTA
Forwarded from Bursa Malaysia (YS C)
RHB ♦️ Investment Bank Bhd
Stay informed with more RHB Research updates on:
♦️ Facebook Group: https://www.facebook.com/groups/morningcuppa
♦️ Telegram: https://t.me/RHBInvestmentBankOfficial
RHB Retail Research
Technical Analyzer
24 Sept 2025
VITROX (0097): Shariah Compliant
Outlook: Pending Breakout MYR3.85
Resistance: MYR4.05, MYR4.25
Support: MYR3.65
(time frame: 2-4 weeks)
HAPSENG (3034):
Outlook: Breakout MYR2.80
Resistance: MYR2.95, MYR3.05
Support: MYR2.70
(time frame: 2-4 weeks)
ITMAX (5309): Shariah Compliant
Outlook: Breakout MYR4.50
Resistance: MYR4.70, MYR4.90
Support: MYR4.30
(time frame: 2-4 weeks)
3REN (0328): Shariah Compliant
Outlook: Breakout MYR0.41
Resistance: MYR0.44, MYR0.47
Support: MYR0.38
(time frame: 2-4 weeks)
Investment Research Disclaimers
RHB has issued this report for information purposes only. This report is intended for circulation amongst RHB and its affiliates’ clients generally or such persons as may be deemed eligible by RHB to receive this report and does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. This report is not intended, and should not under any circumstances be construed as, an offer or a solicitation of an offer to buy or sell the securities referred to herein or any related financial instruments. Further disclaimers details please refer to the full research report
Stay informed with more RHB Research updates on:
♦️ Facebook Group: https://www.facebook.com/groups/morningcuppa
♦️ Telegram: https://t.me/RHBInvestmentBankOfficial
RHB Retail Research
Technical Analyzer
24 Sept 2025
VITROX (0097): Shariah Compliant
Outlook: Pending Breakout MYR3.85
Resistance: MYR4.05, MYR4.25
Support: MYR3.65
(time frame: 2-4 weeks)
HAPSENG (3034):
Outlook: Breakout MYR2.80
Resistance: MYR2.95, MYR3.05
Support: MYR2.70
(time frame: 2-4 weeks)
ITMAX (5309): Shariah Compliant
Outlook: Breakout MYR4.50
Resistance: MYR4.70, MYR4.90
Support: MYR4.30
(time frame: 2-4 weeks)
3REN (0328): Shariah Compliant
Outlook: Breakout MYR0.41
Resistance: MYR0.44, MYR0.47
Support: MYR0.38
(time frame: 2-4 weeks)
Investment Research Disclaimers
RHB has issued this report for information purposes only. This report is intended for circulation amongst RHB and its affiliates’ clients generally or such persons as may be deemed eligible by RHB to receive this report and does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. This report is not intended, and should not under any circumstances be construed as, an offer or a solicitation of an offer to buy or sell the securities referred to herein or any related financial instruments. Further disclaimers details please refer to the full research report
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Forwarded from Rakuten Trade Ideas 🎯
Express Powerr Solutions (M) Bhd (0370), generator rental services provider is making its debut be on the ACE Market of Bursa Malaysia today.
Oversubscribed by 13.55x for the IPO price of RM0.20 with a market capitalisation of RM186.9 million.
It is raising RM36 million from this listing exercise - business expansion to purchase more generators, repay bank borrowings and working capital.
Managing director Lim Cheng Ten said that the funds raised from listing proceeds would enable the company to expand its fleet by at least 36 units and acquire medium and high-voltage equipment to support this expansion over the next three years.
Going forward, as we expand into O&G and diversify our portfolio, reliance on TNB will continue to decline. That said, TNB is expected to remain theie largest revenue contributor.
We see strong growth potential in the oil-and-gas sector, where reliable, high-capacity power is essential, especially in offshore and remote environments,”
FY2024 net profit was RM16.6 million on the back of RM70.17 million revenue.
For the latest quarterly result 30 June 2025, it recorded RM3.11 milllion net profit on the back of RM12.9 million revenue.
Public Investment Bank, RHB Investment Bank, TA Securities, Malacca Securities and Rakuten Trade has given a target prices of between RM0.23 - RM0.32
There will always be trading opportunities on listing day.
Trade Express Powerr Solutions (M) Bhd (0370) today with Rakuten Trade and get brokerage free trades* | *T&C Apply
迅行电源方案公司（XPB，0370）将于今日在马来西亚证券交易所创业板 (ACE) 首次公开募股 (IPO) 上市。
公司以20仙的发行价格获得13.55倍超额认购，市值达1.869 亿令吉。
该公司从上市中筹集了3600万令吉资金，主要用于业务扩张，购买更多发电机、偿还银行贷款和补充营运资金。
董事经理林青田表示，此次上市募集的资金将使公司能够在未来三年内至少增加 36 台，并购置中高压设备，以支持未来三年的扩张。
展望未来，随着公司业务向油气领域拓展及多元化战略的持续推进，对国能 (TNB)的依赖程度将逐步降低。然而，基于当前业务结构分析，TNB仍将作为公司最主要的收入来源。
我们认为油气行业拥有强劲的增长潜力，可靠的高容量电力至关重要，尤其是在海上和偏远地区。
2024财年净利润为1660万令吉，营收为7017万令吉。
截至2025年6月30日的最新季度业绩显示，公司净利润为311万令吉，营收为1290万令吉。
大众投资银行(Public Investment Bank)、兴业投资银行 (RHB Investment)、达证券(TA Securities)、马六甲证券(Malacca Securities) 和乐天交易 (Rakuten Trade) 给予该公司的目标价格区间为23仙至32仙之间。
上市日总有交易机会。
立即通过乐天交易，交易迅行电源方案公司（XPB，0370）* | *T&C Apply
Oversubscribed by 13.55x for the IPO price of RM0.20 with a market capitalisation of RM186.9 million.
It is raising RM36 million from this listing exercise - business expansion to purchase more generators, repay bank borrowings and working capital.
Managing director Lim Cheng Ten said that the funds raised from listing proceeds would enable the company to expand its fleet by at least 36 units and acquire medium and high-voltage equipment to support this expansion over the next three years.
Going forward, as we expand into O&G and diversify our portfolio, reliance on TNB will continue to decline. That said, TNB is expected to remain theie largest revenue contributor.
We see strong growth potential in the oil-and-gas sector, where reliable, high-capacity power is essential, especially in offshore and remote environments,”
FY2024 net profit was RM16.6 million on the back of RM70.17 million revenue.
For the latest quarterly result 30 June 2025, it recorded RM3.11 milllion net profit on the back of RM12.9 million revenue.
Public Investment Bank, RHB Investment Bank, TA Securities, Malacca Securities and Rakuten Trade has given a target prices of between RM0.23 - RM0.32
There will always be trading opportunities on listing day.
Trade Express Powerr Solutions (M) Bhd (0370) today with Rakuten Trade and get brokerage free trades* | *T&C Apply
迅行电源方案公司（XPB，0370）将于今日在马来西亚证券交易所创业板 (ACE) 首次公开募股 (IPO) 上市。
公司以20仙的发行价格获得13.55倍超额认购，市值达1.869 亿令吉。
该公司从上市中筹集了3600万令吉资金，主要用于业务扩张，购买更多发电机、偿还银行贷款和补充营运资金。
董事经理林青田表示，此次上市募集的资金将使公司能够在未来三年内至少增加 36 台，并购置中高压设备，以支持未来三年的扩张。
展望未来，随着公司业务向油气领域拓展及多元化战略的持续推进，对国能 (TNB)的依赖程度将逐步降低。然而，基于当前业务结构分析，TNB仍将作为公司最主要的收入来源。
我们认为油气行业拥有强劲的增长潜力，可靠的高容量电力至关重要，尤其是在海上和偏远地区。
2024财年净利润为1660万令吉，营收为7017万令吉。
截至2025年6月30日的最新季度业绩显示，公司净利润为311万令吉，营收为1290万令吉。
大众投资银行(Public Investment Bank)、兴业投资银行 (RHB Investment)、达证券(TA Securities)、马六甲证券(Malacca Securities) 和乐天交易 (Rakuten Trade) 给予该公司的目标价格区间为23仙至32仙之间。
上市日总有交易机会。
立即通过乐天交易，交易迅行电源方案公司（XPB，0370）* | *T&C Apply