AllianceDBS Research

Thursday 03 Apr 2025

16 Apr 2015, 08:00 am

S P Setia on track to achieve RM4.6b sales target for FY15S P Setia Bhd (April 15, RM3.46) Maintain buy with a target price (TP) of RM4.10. S P Setia is set to enjoy lumpy contributions from its overseas projects (in Australia, Singapore and the United Kingdom) with RM1.5 billion and RM2.3 billion unbilled sales to be reco...

By AllianceDBS Research / AllianceDBS Research

16 Apr 2015, 08:00 am

10 Apr 2015, 08:00 am

Coastal’s shipbuilding earnings intact with RM1.5b order bookCoastal Contracts Bhd (April 9, RM2.90) Maintain buy with target price (TP) of RM3.35: We cut our forecast financial year ending December (FY15F) and FY16F earnings after removing charter earnings from the jack-up drilling rig Coastal Driller 4001 (...

By AllianceDBS Research / AllianceDBS Research

10 Apr 2015, 08:00 am

09 Apr 2015, 08:00 am

Quill Capita Trust forward yield is attractiveQuill Capita Trust (April 8, RM1.22) Maintain hold with target price of RM1.25: After fulfilling the conditions precedent, Quill Capita Trust (QCT) is ready to recognise Platinum Sentral (PS) contributions from the second quarter ending June 30 of f...

By AllianceDBS Research / AllianceDBS Research

09 Apr 2015, 08:00 am

06 Apr 2015, 08:00 am

Cahya Mata Sarawak to acquire 50% of Sacofa for RM186.8mCahya Mata Sarawak Bhd (April 3, RM4.70) Upgrade to buy from hold with a target price (TP) of RM5.15: CMS has entered into a conditional share purchase agreement with the Sarawak government to acquire a 50% stake in Sacofa Sdn Bhd for RM186.8 millio...

By AllianceDBS Research / AllianceDBS Research

06 Apr 2015, 08:00 am

02 Apr 2015, 08:00 am

Hartalega’s share price has taken into account earnings prospectsHartalega Holdings Bhd (April 1, RM8.36) Downgrade to hold with a target price (TP) of RM8.45: Progress at Hartalega’s next generation complex (NGC) has been brisk, with six out of the 24 production lines (from Plants 1 and 2) having already started...

By AllianceDBS Research / AllianceDBS Research

02 Apr 2015, 08:00 am

01 Apr 2015, 08:00 am

USJ1 launch and IPP projects additional kickers for JaksJaks Resources Bhd (March 31, RM0.55) Not rated, potential target price of 76 sen per share: Jaks Resources Bhd is principally involved in water supply, infrastructure construction projects, manufacturing pipes, and property development. The group h...

By AllianceDBS Research / AllianceDBS Research

01 Apr 2015, 08:00 am

30 Mar 2015, 08:00 am

Pavilion KL mall’s occupancy expected to remain high at 9%Pavilion Real Estate Investment Trust (March 27, RM1.51) Maintain hold call with an unchanged target price (TP) of RM1.55. While Pavilion REIT’s long-term growth prospects are anchored by potential injection of assets with right of first refusal (RO...

By AllianceDBS Research / AllianceDBS Research

30 Mar 2015, 08:00 am

24 Mar 2015, 08:00 am

MAHB to see slower Malaysian traffic in 2015Malaysia Airports Holdings Bhd (Mar 23, RM7.05) Maintain hold with target price (TP) of RM6.60: Malaysia Airlines (MAS) plans to cut capacity by 10% in 2015, and gradually grow capacity by 6% to 8% per annum (pa) for domestic and Asean routes, and 5% pa for Asia-Pac...

By AllianceDBS Research / AllianceDBS Research

24 Mar 2015, 08:00 am

23 Mar 2015, 08:00 am

Sasbadi’s continuous innovation improving competitivenessSasbadi Holdings Bhd (March 20, RM1.73) Maintain buy with unchanged target price of RM2.25. On a recent visit to Sasbadi, management showcased its new products such as interactive bookmarks, and electronic tablets preloaded with 93 book titles designed for teacher t...

By AllianceDBS Research / AllianceDBS Research

23 Mar 2015, 08:00 am

20 Mar 2015, 08:00 am

GST erodes BJToto’s earnings, weakens consumer sentimentBerjaya Sports Toto Bhd (March 19, RM3.38) Maintain hold with an unchanged target price of RM3.36. Stripping off an exceptional item attributed to the refund of RM18 million in stamp duty from the aborted listing of Sports Toto Malaysia Trust ...

By AllianceDBS Research / AllianceDBS Research

20 Mar 2015, 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

US emerges as biggest loser in markets from Trump’s tariffs

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

MH370: Agreement with Ocean Infinity signed, search to recommence year-end — Loke

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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