Stronger earnings expected for EcoWorld in the coming quarters
The 1QFY19 core net income was 163.9% higher year-on-year, mainly due to higher contributions from joint ventures (JVs) and positive ones from associates.
S P Setia seen committed to RM5b FY18 sales target
MIDF Research:Upgrade to buy with a lower target price (TP) of RM2.66.
Stronger 4Q expected for Pavilion REIT
The fourth quarter (4Q) is seasonally strong due to the year-end sales and holiday season.
Continuation of LRT3 seen as positive for prospects of MRCB- George Kent JV
MIDF Research: All things considered, we opine the continuation of LRT3 emits positive tone on the prospects of the Malaysian Resources Corp Bhd (MRCB) and George Kent (Malaysia) Bhd joint-venture (JV) company. While the project’s costs have been significantly reduced, we are comforted that the cost-savings approach prioritised by the new government did not result in the loss of earnings opportunity for the JV company.
MBSB seen transitioning into full-fledged Islamic bank
The group will be launching more products especially to attract Current Account, Savings Account accounts especially from the retail segment.
UEM Sunrise’s plan to expand in country’s central region seen positive
Our target price is based on 45% discount to revalued net asset value.
Axis REIT’s first-half core net income within expectations
Going forward, Axis REIT may see the addition of new assets…
Nod for Gemas-JB double-tracking project a positive for YTL Corp
YTL Cement is a key beneficiary of the construction division’s order book expansion.
Better 2H on higher occupancy rate seen for CapitaLand
Better second half expected as we expect occupancy rates to improve due to completion of refurbishment at the 3 Damansara mall and new tenants that are scheduled to move into the office tower...
Strong pickup in property sales in S’pore expected for Gamuda
We are anticipating positive news from the Penang Transport Master Plan.
