Page 49 - Analyst Reports News Today

KUALA LUMPUR: Leong Hup International Bhd could be poised to stage a quick rebound from the final quarter of this year as average selling prices and consumption normalise following the end of the lockdown restrictions.

KUALA LUMPUR: Companies with recently announced corporate exercises and released their earnings results could see investor attention on Monday, said JF Apex Research.

KUALA LUMPUR: MIDF Research has revised Fraser & Neave Holdings Bhd’s (F&N) earnings for FY22E and FY23F upwards by 1.36% and 1.67%.

KUALA LUMPUR: The domestic market rose on a relief rebound on Tuesday as investors picked up on sold down counters after yesterday's heavy losses.

MIDDLE East crude oil exporters are re-building market share in the key Asia region, a trend likely to continue as the price advantage of local grades against those from the Atlantic Basin jumps to the most in eight years.

KUALA LUMPUR: Malaysian plantations are faced with two new government tax initiatives, which could weigh heavily on their earnings, says RHB Research.

KUALA LUMPUR: Bursa Malaysia recorded a marginal foreign net inflow of RM1.44mil in the week ended Oct 29, 2021.

KUALA LUMPUR: Public Investment Bank Bhd (PIVB) has maintained its year-end 2021 benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) target unchanged at 1,590, although it believes that short-term market reaction is likely to be negative from the "shock” of Cukai Makmur, a one-off measure announced in Budget 2022.

KUALA LUMPUR: Analysts are of mixed minds over Sime Darby Property Bhd's recent acquisition of agriculture land from Sime Darby Bhd in Malaysia Vision Valley (MVV) in Labu, Negeri Sembilan.

KUALA LUMPUR: Maybank IB Research has cut its target price for Globetronics Technology Bhd to RM2.44 from RM2.80 after revising its earnings forecast for the company.