Thursday, April 18th, 2024

Category: Market Updates

This Malaysian stock has a sizable construction order book & unbilled property sales

Gamuda Bhd reported a 7.29% increase in net profit to RM208.8 million in the second quarter ended January 31, 2024 (2QFY2024), up from RM194.62 million a year earlier, driven by higher revenue from its...

Will the third generation unlock value in cash rich stock?

Oriental Holdings: will the third generation unlock value in Oriental? The shareholding of the Loh family in cash-rich Oriental Holdings Bhd has historically been stable, held through Boon Siew Sdn Bhd. However, a change...

Yinson boss bought this stock at a crazy low valuation

Icon Offshore: Last week, Lim Han Weng made a purchase at an incredibly low valuation. In its latest quarterly results, Icon posted a core loss of RM14 million (net profit minus reversal of impairment...

Food for thoughts

CapitaLand Ascendas REIT (CLAR) CapitaLand Ascendas REIT, or CLAR, boasts a market capitalization of S$12.2 billion. Currently, it trades at a forward price-to-earnings (PE) ratio of 19x and a price-to-book (PB) ratio of 1.2x....

Why is CIMB group undervalued?

CIMB Group Holdings has been trading below the sector’s valuations

This Singapore Penny stock plan to resume dividend payments

they announced its plan to resume dividend payments and increase its dividend policy

This Singapore stock has delivered annual total returns of 9.2% since 2019

Fortress Minerals has been a standout performer for investors, particularly those who bought in at its IPO and stayed the course. Since March 2019, the stock has delivered annual total returns of 9.2%, significantly...

High oil prices are here to stay. Who are the beneficiaries?

High oil prices are here to stay. Who are the beneficiaries?

UOB Kay Hian Research increased the target price of Marco Polo Marine(SGX:5LY)

UOB Kay Hian Research has given a positive recommendation for Marco Polo Marine (MPM SP), highlighting the company’s promising outlook due to higher charter rates and its expansion into Korea. Given the increase in...

Maybank likes SP Setia(8664.KL) due to its undemanding valuation

Maybank Securities Research has recommended buying SP Setia (SPSB MK)