BIMB Securities Research

Wednesday 16 Apr 2025

07 Apr 2015, 08:00 am

Barakah wins Sabah topside maintenance services contractBarakah Offshore Petroleum Bhd (April 6, 85.5 sen) Maintain buy with target price of 96 sen: Barakah has announced that it had secured a contract from Kebabangan Petroleum Operating Company Sdn Bhd (KPOC) for the provision of topside maintenance ser...

By BIMB Securities Research / BIMB Securities Research

07 Apr 2015, 08:00 am

30 Mar 2015, 08:00 am

Econpile’s job replenishment exceeds expectationsEconpile Holdings Bhd (Mar 27, RM0.995) Maintain buy with a higher target price (TP) of RM1.24. Econpile Holdings Bhd has secured a contract from Flora Development Sdn Bhd to undertake piling and related works for the IOI Rio City mixed development ...

By BIMB Securities Research / BIMB Securities Research

30 Mar 2015, 08:00 am

04 Mar 2015, 08:00 am

Eversendai expected to get more jobsEversendai Corp Bhd (March 3, RM0.72) Maintain hold rating with an unchanged target price (TP) of 69 sen. With the remaining nine months of this year, we retain our positive view on Eversendai Corp Bhd’s prospects of securing more jobs particularly ...

By BIMB Securities Research / BIMB Securities Research

04 Mar 2015, 08:00 am

17 Feb 2015, 08:00 am

IOI Corp hit by translation lossesIOI Corp Bhd (Feb 16, RM4.74) Downgrade to neutral with a lower target price (TP) of RM4.55. Due to the lacklustre results and weaker ringgit during the quarter, we have reduced our earnings forecast by 17% to 21% for the financial year ending June (FY15) and FY16 t...

By BIMB Securities Research / BIMB Securities Research

17 Feb 2015, 08:00 am

13 Feb 2015, 08:00 am

Westports’ net income surges 17.7%Westports Holdings Bhd (Feb 12, RM3.50) Maintain hold call and raise target price to RM3.40: Westports’ net income for the financial year ended December 2014 (FY14) surged by 17.7% to a record level of RM512.2 million. This is well within our forecast, making up 99....

By BIMB Securities Research / BIMB Securities Research

13 Feb 2015, 08:00 am

12 Feb 2015, 08:00 am

GST enforcement, inflation pose challenges to AmwayAmway (M) Holdings Bhd (Feb 11, RM11.02) Maintain buy with an unchanged target price (TP) of RM12.30. Our TP is unchanged at RM12.30 based on unchanged discounted cash flow methodology. We have a ‘buy” call for Amway. Amway’s fourth quarter of financial year ended D...

By BIMB Securities Research / BIMB Securities Research

12 Feb 2015, 08:00 am

18 Dec 2014, 08:00 am

S P Setia to focus on houses priced less than RM1mS P Setia Bhd (Dec 17, RM3.24) Maintain “neutral” with a target price (TP) of RM3.34: S P Setia’s financial year 2014 (FY14) net earnings of RM406 million came in line with our full-year forecast and that of the consensus. Year-to-date (YTD) net earnings i...

By BIMB Securities Research / BIMB Securities Research

18 Dec 2014, 08:00 am

26 Nov 2014, 08:00 am

Kawan Food’s 9MFY14 revenue and net profit up, higher sales overseasKawan Food Bhd (Nov 21, RM2.21) Maintain “buy” with a target price (TP) of RM2.97: Kawan Food’s (KFB) nine months of financial year 2014 (9MFY14) revenue and net profit were up 13.5% and 35.3% year-on-year respectively, due to higher sales registered in the Europe, ...

By BIMB Securities Research / BIMB Securities Research

26 Nov 2014, 08:00 am

07 Nov 2014, 08:00 am

MHB expecting to book some VOs from completed projectsMalaysia Marine and Heavy Engineering Holdings Bhd (Nov 6, RM2.15) Maintain “buy” with a target price (TP) of RM2.50: Malaysia Marine and Heavy Engineering Holdings’ (MHB) year-to-date (YTD) earnings fell 15.7% as compared with the previous year due to fewer project...

By BIMB Securities Research / BIMB Securities Research

07 Nov 2014, 08:00 am

04 Nov 2014, 08:00 am

O&G in the realm of uncertaintyOil and gas sector Maintain “overweight”: The recent plunge in crude oil price has caused some uneasiness among investors as seen from the recent selldown in most oil and gas (O&G) counters. Despite the fundamental outlook for crude oil continues to point to lower pric...

By BIMB Securities Research / BIMB Securities Research

04 Nov 2014, 08:00 am

Petronas Gas, RHB Bank, Lien Hoe, Mayu Global, Binastra, Skygate, Tomei, Binasat, Aurelius Technologies, Kerjaya Prospek, Scope Industries, Keyfield International, Bank Rakyat

At US antitrust trial, Meta's Zuckerberg admits he bought Instagram because it was 'better'

Ahmad Shahril appointed as Bank Rakyat CEO

Putrajaya has greenlit RM16.4b helicopter assembly plant in Melaka, says CM

Scope Industries to exit manufacturing via RM96.7 mil sale of subsidiary

MORNING CALL: 16/4/25

US tariffs may cost chip equipment makers more than US$1 bil, industry estimates

US futures slide on Nvidia curbs, minerals probe

US stocks halt rally amid lingering trade-war risks

How much does Malaysia trade with the US?

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