Forwarded from Trade With Maybank
Developers to Benefit from Johor-Singapore Special Economic Zone
Maybank IB Research (Maybank IB) expects the property sector to be a key beneficiary of the Johor-Singapore Special Economic Zone (JS-SEZ) following the government’s plan to launch 50 projects over the next five years and 100 projects within a decade. The initiative will also include a dedicated infrastructure development fund.
Maybank IB Research highlights UEM Sunrise (UEMS) as a top pick due to its substantial 4,783-acre landbank in Iskandar Malaysia, positioning the company to benefit from the initial wave of projects.
Bullish investors may consider UEMS-C1L, which recorded traded volume of 15.26 million yesterday and tracks UEMS closely with a sensitivity of 1.9 ticks.
#WarrantsWatch
Maybank IB Research (Maybank IB) expects the property sector to be a key beneficiary of the Johor-Singapore Special Economic Zone (JS-SEZ) following the government’s plan to launch 50 projects over the next five years and 100 projects within a decade. The initiative will also include a dedicated infrastructure development fund.
Maybank IB Research highlights UEM Sunrise (UEMS) as a top pick due to its substantial 4,783-acre landbank in Iskandar Malaysia, positioning the company to benefit from the initial wave of projects.
Bullish investors may consider UEMS-C1L, which recorded traded volume of 15.26 million yesterday and tracks UEMS closely with a sensitivity of 1.9 ticks.
#WarrantsWatch
Forwarded from Trade With Maybank
Gamuda Secures MYR8.3 Billion Penang Contract
Gamuda (GAMUDA), through its 60%-owned subsidiary SRS Consortium Berhad, announced yesterday in a Bursa filing that it has secured the first civil works package for the Penang Mutiara Line, valued at MYR8.3 billion.
The project, awarded by MRT Mutiara, involves constructing a 23.7km elevated viaduct from Komtar to Island A of the Penang South Reclamation (PSR), along with 19 above-ground stations, a depot, and supporting infrastructure. Completion is targeted within six years from the notice to proceed.
Bullish investors looking for leveraged exposure may consider GAMUDA-C3B with an effective gearing of 4.9x. This means for every 1% move in GAMUDA, GAMUDA-C3B will move by 4.9% indicatively.
#WarrantsWatch
Gamuda (GAMUDA), through its 60%-owned subsidiary SRS Consortium Berhad, announced yesterday in a Bursa filing that it has secured the first civil works package for the Penang Mutiara Line, valued at MYR8.3 billion.
The project, awarded by MRT Mutiara, involves constructing a 23.7km elevated viaduct from Komtar to Island A of the Penang South Reclamation (PSR), along with 19 above-ground stations, a depot, and supporting infrastructure. Completion is targeted within six years from the notice to proceed.
Bullish investors looking for leveraged exposure may consider GAMUDA-C3B with an effective gearing of 4.9x. This means for every 1% move in GAMUDA, GAMUDA-C3B will move by 4.9% indicatively.
#WarrantsWatch
Forwarded from Trade With Maybank
Positive Outlook for Malaysian Construction Sector
Maybank Investment Bank (Maybank IB) projects a 17.7% earnings growth for construction stocks in 2025, driven by key infrastructure developments.
These include flood mitigation projects on the East Coast, renewable energy projects in Sarawak, and initiatives within the Johor-Singapore Special Economic Zone (JS-SEZ). Leading construction companies such as Gamuda (GAMUDA), Sunway Construction (SUNCON), and IJM Construction (IJM) could benefit from this.
Maybank IB also anticipates more projects to adopt the Public-Private Partnership (PPP) model under the Government’s PPP masterplan, favoring financially robust construction firms.
Investors bullish on the sector may consider leveraged exposure via Call Warrants such as GAMUDA-C3B, SUNCON-C18, and IJM-C86.
#WarrantsWatch
Maybank Investment Bank (Maybank IB) projects a 17.7% earnings growth for construction stocks in 2025, driven by key infrastructure developments.
These include flood mitigation projects on the East Coast, renewable energy projects in Sarawak, and initiatives within the Johor-Singapore Special Economic Zone (JS-SEZ). Leading construction companies such as Gamuda (GAMUDA), Sunway Construction (SUNCON), and IJM Construction (IJM) could benefit from this.
Maybank IB also anticipates more projects to adopt the Public-Private Partnership (PPP) model under the Government’s PPP masterplan, favoring financially robust construction firms.
Investors bullish on the sector may consider leveraged exposure via Call Warrants such as GAMUDA-C3B, SUNCON-C18, and IJM-C86.
#WarrantsWatch
Forwarded from Trade With Maybank
Bursa Malaysia Reported Improved Quarterly Results
Bursa Malaysia (BURSA) reported a 15.7% rise in quarterly net profit in 4Q24 and a 22.9% rise in net profit for FY24. This was driven by better performance in both securities and derivatives trading.
Revenue for 4Q24 surged 18.7% to MYR185.9 million, while total revenue for FY24 reached MYR784.3 million, up from MYR616.5 million in FY23.
BURSA’s share price is up 13.4% for the past 52-weeks, and gained another 2.2% at yesterday’s close.
Investors bullish on BURSA may consider BURSA-C84, which offers investors an effective gearing of 22.8x, the highest among all Call Warrants issued over BURSA.
#WarrantsWatch
Bursa Malaysia (BURSA) reported a 15.7% rise in quarterly net profit in 4Q24 and a 22.9% rise in net profit for FY24. This was driven by better performance in both securities and derivatives trading.
Revenue for 4Q24 surged 18.7% to MYR185.9 million, while total revenue for FY24 reached MYR784.3 million, up from MYR616.5 million in FY23.
BURSA’s share price is up 13.4% for the past 52-weeks, and gained another 2.2% at yesterday’s close.
Investors bullish on BURSA may consider BURSA-C84, which offers investors an effective gearing of 22.8x, the highest among all Call Warrants issued over BURSA.
#WarrantsWatch
Forwarded from Trade With Maybank
SD Guthrie’s MYR250 Million Acquisition
SD Guthrie (SDG) has acquired a 48% stake in Netherlands-based Marvesa Supply Chain Services BV for MYR250 million from Dutch private equity firm, Parcom.
As one of the world’s largest producers of Certified Sustainable Palm Oil (CSPO), SDG accounts for 12% of global CSPO production and operates across 12 countries.
The acquisition strengthens SDG’s position in the European animal feed and biofuel industries, aligning with its long-term strategy to integrate its value chain and expand into non-palm sectors.
Bullish investors may consider SDG-C22, the most sensitive Call Warrant issued over SDG available on Bursa Malaysia, with a sensitivity of 2.1 ticks.
#WarrantsWatch
SD Guthrie (SDG) has acquired a 48% stake in Netherlands-based Marvesa Supply Chain Services BV for MYR250 million from Dutch private equity firm, Parcom.
As one of the world’s largest producers of Certified Sustainable Palm Oil (CSPO), SDG accounts for 12% of global CSPO production and operates across 12 countries.
The acquisition strengthens SDG’s position in the European animal feed and biofuel industries, aligning with its long-term strategy to integrate its value chain and expand into non-palm sectors.
Bullish investors may consider SDG-C22, the most sensitive Call Warrant issued over SDG available on Bursa Malaysia, with a sensitivity of 2.1 ticks.
#WarrantsWatch
Forwarded from Trade With Maybank
Johor Plantations Reports Strong 4Q24 Results
Johor Plantations Group (JPG) reported a 27.8% YoY increase in net profit to MYR80.5 million for 4Q24, while revenue rose 18.5% YoY to MYR464.9 million.
The strong performance was primarily driven by higher average selling prices, with the group’s average crude palm oil (CPO) price up 25.6% YoY, despite an 8.9% decline in delivery volume.
Looking ahead, JPG highlighted that palm oil production will be largely influenced by weather conditions, biodiesel mandates, and global geopolitical developments.
Bullish investors seeking leveraged exposure may consider JPG-CF, the cheapest Call Warrant over JPG based on implied volatility on Bursa Malaysia.
#WarrantsWatch
Johor Plantations Group (JPG) reported a 27.8% YoY increase in net profit to MYR80.5 million for 4Q24, while revenue rose 18.5% YoY to MYR464.9 million.
The strong performance was primarily driven by higher average selling prices, with the group’s average crude palm oil (CPO) price up 25.6% YoY, despite an 8.9% decline in delivery volume.
Looking ahead, JPG highlighted that palm oil production will be largely influenced by weather conditions, biodiesel mandates, and global geopolitical developments.
Bullish investors seeking leveraged exposure may consider JPG-CF, the cheapest Call Warrant over JPG based on implied volatility on Bursa Malaysia.
#WarrantsWatch
Forwarded from Trade With Maybank
Malaysia’s Property Transaction Value Reaches Decade High in 2024, Overhang Improves
According to Malaysia’s Property Market Report 2024, Malaysia’s property transaction value increased by 18% in 2024 to MYR232.40 billion.
Volume increased by 5.4% to 420,525 transactions driven by a 37% jump in residential sales.
The overhang situation improved as unsold completed units dropped 10.3% to 23,149. The average home prices increased by 3.3% to MYR486,678 per unit.
MAHSING-C77, SIMEPROP-C42 and SPSETIA-C93 are Call Warrants which provide investors leveraged exposure to Mah Sing Group (MAHSING), Sime Darby Property (SIMEPROP) and S P Setia (SPSETIA) respectively.
#WarrantsWatch
According to Malaysia’s Property Market Report 2024, Malaysia’s property transaction value increased by 18% in 2024 to MYR232.40 billion.
Volume increased by 5.4% to 420,525 transactions driven by a 37% jump in residential sales.
The overhang situation improved as unsold completed units dropped 10.3% to 23,149. The average home prices increased by 3.3% to MYR486,678 per unit.
MAHSING-C77, SIMEPROP-C42 and SPSETIA-C93 are Call Warrants which provide investors leveraged exposure to Mah Sing Group (MAHSING), Sime Darby Property (SIMEPROP) and S P Setia (SPSETIA) respectively.
#WarrantsWatch
Forwarded from Trade With Maybank
Sunway Construction Secures MYR1.5 Billion Contract
Sunway Construction Group (SUNCON) has been awarded a MYR1.5 billion contract for construction works at the Rapid Transit System Transit-Oriented Development (RTS TOD) in Bukit Chagar, Johor.
Located next to the Johor Bahru–Singapore RTS, the development will feature four residential and commercial towers, educational institutions, a health and wellness hub, and hospitality facilities.
Yesterday, SUNCON rose by 3.7% to close at MYR4.24. Investors bullish on SUNCON may consider SUNCON-C32 which offers leveraged exposure with an Effective Gearing of 4.1x!
#WarrantsWatch
Sunway Construction Group (SUNCON) has been awarded a MYR1.5 billion contract for construction works at the Rapid Transit System Transit-Oriented Development (RTS TOD) in Bukit Chagar, Johor.
Located next to the Johor Bahru–Singapore RTS, the development will feature four residential and commercial towers, educational institutions, a health and wellness hub, and hospitality facilities.
Yesterday, SUNCON rose by 3.7% to close at MYR4.24. Investors bullish on SUNCON may consider SUNCON-C32 which offers leveraged exposure with an Effective Gearing of 4.1x!
#WarrantsWatch
Forwarded from Trade With Maybank
Moody’s Confidence in Malaysia’s Banking Sector
Moody’s Ratings forecasts Malaysia’s real GDP to grow 5% in 2025, following a 5.1% expansion in 2024, despite risks from trade tariffs and geopolitical tensions.
Key banking system metrics, including asset quality and profitability, are expected to remain stable in 2025, according to Moody’s.
Additionally, government initiatives such as the National Energy Transition Roadmap and New Industrial Master Plan are set to drive investments in semiconductor manufacturing and data centers, supporting future credit growth.
Investors bullish on Malaysia’s banking sector may consider Call Warrants like AMBANK-C51 and PBBANK-C1P, which offer leveraged exposure at a fraction of the share price.
#WarrantsWatch
Moody’s Ratings forecasts Malaysia’s real GDP to grow 5% in 2025, following a 5.1% expansion in 2024, despite risks from trade tariffs and geopolitical tensions.
Key banking system metrics, including asset quality and profitability, are expected to remain stable in 2025, according to Moody’s.
Additionally, government initiatives such as the National Energy Transition Roadmap and New Industrial Master Plan are set to drive investments in semiconductor manufacturing and data centers, supporting future credit growth.
Investors bullish on Malaysia’s banking sector may consider Call Warrants like AMBANK-C51 and PBBANK-C1P, which offer leveraged exposure at a fraction of the share price.
#WarrantsWatch
Forwarded from Trade With Maybank
Solarvest Secures MYR103.08 Million EPCC Contract
Solarvest Holdings (SLVEST), through its subsidiary Atlantic Blue, has signed an EPCC contract with SV Flux to develop a 29.99MWac solar facility in Pulau Pinang.
The MYR103.08 million contract will commence upon receiving the notice to proceed, Atlantic Blue will also provide a 5% performance bond and a 2.5% warranty bond as part of the agreement.
Specializing in EPCC services and solar PV investments, SLVEST expects the project to enhance its net assets and earnings per share.
Bullish investors may consider SLVEST-CL, offering leveraged exposure to investors with an effective gearing of 7.3x.
#WarrantsWatch
Solarvest Holdings (SLVEST), through its subsidiary Atlantic Blue, has signed an EPCC contract with SV Flux to develop a 29.99MWac solar facility in Pulau Pinang.
The MYR103.08 million contract will commence upon receiving the notice to proceed, Atlantic Blue will also provide a 5% performance bond and a 2.5% warranty bond as part of the agreement.
Specializing in EPCC services and solar PV investments, SLVEST expects the project to enhance its net assets and earnings per share.
Bullish investors may consider SLVEST-CL, offering leveraged exposure to investors with an effective gearing of 7.3x.
#WarrantsWatch
Forwarded from Trade With Maybank
Gamuda Positioned for Growth
According to Maybank IB Research report dated 16 Jun’25, Gamuda (GAMUDA) is expected to secure more high-value projects, with MYR2.7 billion in data centre contracts already locked in YTD.
On top of that GAMUDA has tendered for four hyperscale data centres by Pearl Computing—linked to Google. GAMUDA estimates each centre could generate up to MYR2 billion in construction and MEP works.
Data centres currently make up 5% of GAMUDA’s order book, while core construction remains dominant, as GAMUDA’s developments in Vietnam, such as Eaton Park in Ho Chi Minh City has proven to gain traction.
Investors bullish on the prospects of GAMUDA may consider GAMUDA-C3I, which tracks the underlying share price closely with a sensitivity of 2.2 ticks.
#WarrantsWatch
According to Maybank IB Research report dated 16 Jun’25, Gamuda (GAMUDA) is expected to secure more high-value projects, with MYR2.7 billion in data centre contracts already locked in YTD.
On top of that GAMUDA has tendered for four hyperscale data centres by Pearl Computing—linked to Google. GAMUDA estimates each centre could generate up to MYR2 billion in construction and MEP works.
Data centres currently make up 5% of GAMUDA’s order book, while core construction remains dominant, as GAMUDA’s developments in Vietnam, such as Eaton Park in Ho Chi Minh City has proven to gain traction.
Investors bullish on the prospects of GAMUDA may consider GAMUDA-C3I, which tracks the underlying share price closely with a sensitivity of 2.2 ticks.
#WarrantsWatch
Forwarded from Trade With Maybank
CATL to Start Hungary Plant Production Early 2025
Chinese battery maker Contemporary Amperex Technology (CATL) is set to begin production at its EUR7.3 billion (USD8.55 billion or MYR36.08 billion) plant in Debrecen, Hungary by early next year. This is ahead of its original target of 2025.
The Debrecen facility will be CATL’s largest in Europe with a planned annual capacity of 100 gigawatt-hours and a workforce of around 9,000. It will supply major automakers such as BMW, Stellantis and Volkswagen.
CATL extended its global lead in EV batteries with a 38% market share in 2024, up from 36% a year earlier, according to SNE Research.
Bullish investors may consider Call Warrants such as CATL-C3, which offer leveraged exposure to CATL’s with an Effective Gearing of 3.9x.
#WarrantsWatch
Chinese battery maker Contemporary Amperex Technology (CATL) is set to begin production at its EUR7.3 billion (USD8.55 billion or MYR36.08 billion) plant in Debrecen, Hungary by early next year. This is ahead of its original target of 2025.
The Debrecen facility will be CATL’s largest in Europe with a planned annual capacity of 100 gigawatt-hours and a workforce of around 9,000. It will supply major automakers such as BMW, Stellantis and Volkswagen.
CATL extended its global lead in EV batteries with a 38% market share in 2024, up from 36% a year earlier, according to SNE Research.
Bullish investors may consider Call Warrants such as CATL-C3, which offer leveraged exposure to CATL’s with an Effective Gearing of 3.9x.
#WarrantsWatch
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 Trade With Maybank
Alibaba Integrates Nvidia’s Physical AI Tools, Shares Hit Four-Year High
Alibaba (ALIBABA) is integrating Nvidia’s physical AI tools into its cloud platform, enabling developers to build applications such as humanoid robots and self-driving cars.
At the Apsara developer conference, Alibaba Cloud said its Platform for AI will now feature Nvidia’s full physical AI software stack, broadening its service offerings and strengthening its position in China’s competitive AI market.
ALIBABA’s CEO also announced plans to boost its AI infrastructure spending, sending ALIBABA to the highest level in nearly four years.
Bullish investors may consider Call Warrants like ALIBABA-C48, which provides 3.1x Effective Gearing for leveraged exposure to ALIBABA’s share performance without the hassle of needing a foreign trading account!
#WarrantsWatch
Alibaba (ALIBABA) is integrating Nvidia’s physical AI tools into its cloud platform, enabling developers to build applications such as humanoid robots and self-driving cars.
At the Apsara developer conference, Alibaba Cloud said its Platform for AI will now feature Nvidia’s full physical AI software stack, broadening its service offerings and strengthening its position in China’s competitive AI market.
ALIBABA’s CEO also announced plans to boost its AI infrastructure spending, sending ALIBABA to the highest level in nearly four years.
Bullish investors may consider Call Warrants like ALIBABA-C48, which provides 3.1x Effective Gearing for leveraged exposure to ALIBABA’s share performance without the hassle of needing a foreign trading account!
#WarrantsWatch