AffinHwang Capital Research

Thursday 03 Apr 2025

26 Apr 2019, 08:00 am

WZ Satu’s return to profitability likely to be delayed by project lossesWZ Satu Bhd (April 25, 25.5 sen) Maintaing sell with an unchanged target price (TP) of 14 sen. WZ Satu’s first half of the financial year 2019 (1HFY19) result was disappointing. The group incurred a larger net loss of RM17.1 million in second half of the financial y...

By AffinHwang Capital Research / The Edge Financial Daily

26 Apr 2019, 08:00 am

24 Nov 2015, 08:00 am

Uchi driven by a strong US dollarThis article first appeared in The Edge Financial Daily, on November 24, 2015. Uchi Technologies Bhd (Nov 23, RM1.70) Maintain hold call with a higher target price (TP) of RM1.90. We maintain our “hold” rating on Uchi, predominant...

By AffinHwang Capital Research / The Edge Financial Daily

24 Nov 2015, 08:00 am

16 Nov 2015, 08:00 am

MRCB exploring options to finance new projectsThis article first appeared in The Edge Financial Daily, on November 16, 2015.

By AffinHwang Capital Research / The Edge Financial Daily

16 Nov 2015, 08:00 am

22 Jun 2015, 08:00 am

TNB taking over Jimah power plant

By AffinHwang Capital Research / The Edge Financial Daily

22 Jun 2015, 08:00 am

02 Apr 2015, 08:00 am

Sluggish banking system loan growth in FebruaryBanking sector Maintain neutral: System loan growth in February 2015 remained sluggish, up 0.4% on a month-on-month (m-o-m) and 1.3% year-to-date (YTD), was up 8.8% year-on-year (y-o-y). It was not a surprise that February 2015 was a slow month in terms of approvals (-13.2...

By AffinHwang Capital Research / AffinHwang Capital Research

02 Apr 2015, 08:00 am

31 Mar 2015, 08:00 am

Oversupply of oil will likely outweigh Yemen crisisOil and gas sector Maintain neutral with unchanged oil price forecast of US$55 (RM204.05) per barrel: We maintain our 2015 estimated Brent crude oil price forecast of US$55 per barrel and “neutral” rating on the sector. We opine that the weak prevailing oil price...

By AffinHwang Capital Research / AffinHwang Capital Research

31 Mar 2015, 08:00 am

18 Feb 2015, 08:00 am

Alliance Financial shares offer potential 4.2% dividend yieldAlliance Financial Group Bhd (Feb 17, RM4.82) Maintain hold call with a higher target price (TP) of RM5. We roll over our TP from RM4.90 to RM5, which is based on an implied 1.6 times estimated calendar year 2016 (CY16E) price-to-b...

By AffinHwang Capital Research / Contributor to The Edge Financial Daily

18 Feb 2015, 08:00 am

05 Jan 2015, 08:00 am

Bank loans grew 7.7% YTDBanking sector Maintain neutral: As at November 2014, the banking system loans grew by 7.7% year-to-date (YTD), which translated into an annualised loan growth of 8.4%. This was slightly ahead of our 2014 target of 8.2%. On a month-on-month (m-o-m) basis, loans grew at 0.8...

By AffinHwang Capital Research / AffinHwang Capital Research

05 Jan 2015, 08:00 am

02 Jan 2015, 08:00 am

DEIA approval a step forward for BenalecBenalec Holdings Bhd (Dec 31, RM0.56) Maintain “buy” with higher target price (TP) of RM0.74: Approvals for the Detailed Environment Impact Assessment (DEIA) report for Benalec’s 3,485-acre (1,410ha) Tanjung Piai Integrated Petroleum Hub and Maritime Industrial Park...

By AffinHwang Capital Research / AffinHwang Capital Research

02 Jan 2015, 08:00 am

31 Dec 2014, 08:00 am

Gaming sector could benefit from return of capital flowsGaming sector Maintain “neutral”: Key focus areas for 2015 are mainly centred on Genting Bhd’s (Genting) progress in winning new casino licences. Its subsidiary Genting Singapore is making good progress in South Korea and we understand that Resorts World Jeju could s...

By AffinHwang Capital Research / AffinHwang Capital Research

31 Dec 2014, 08:00 am

Malaysia's semicon firms brace for future US action after dodging tariffs

Microsoft pulls back on data centres from Chicago to Jakarta

Malaysian manufacturers sound alarm over US tariff, call for strategic govt action

Mayu Global executive director Tan Kim Hee detained by police

Rubber glove makers urge govt to consider emergency support measures amid US tariffs

WTO says tariffs could bring contraction of 1% in global merchandise trade volumes

Apple suppliers tumble as tariffs hit iPhone supply chain

Fitch cuts China rating on weakening finances, debt concerns

Economists slash US growth, boost inflation forecasts on tariffs

Wall Street plunges as Trump tariffs trigger recession fears

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