HLIB lowers target price on IJM Corp after earnings forecast cut
KUALA LUMPUR (March 9): Hong Leong Investment Bank Bhd (HLIB) has lowered its target price on IJM Corp Bhd to RM1.
KUALA LUMPUR (March 9): Hong Leong Investment Bank Bhd (HLIB) has lowered its target price on IJM Corp Bhd to RM1.
KUALA LUMPUR (July 5): While monthly property loan applications and approvals increased in the first four months of 2019, developers may still find it challenging to sell products that could provide them with sustainable margins.
KUALA LUMPUR (Jan 7): Weak sentiment among retail investors is likely to persist in 2019 for the construction, property and building materials sector, according to Hong Leong Investment Bank (HLIB) Research.
KUALA LUMPUR (Jan 3): In light of the slowdown in contracts awarded in the local construction scene, Malaysian contractors are expected to bid for more jobs in Singapore, according to Hong Leong Investment Bank (HLIB) Research.
KUALA LUMPUR (Dec 28): As crude oil markets pulled back, sparking concerns of a federal budget recalibration, construction players who have shifted their focus to East Malaysia may find shelter there as state-funded projects are insulated from the risk of reduction of the federal government spending.
Pesona Metro Holdings Bhd (Jan 29, 44 sen) Maintain buy recommendation with a target price (TP) of 70 sen: Pesona Metro Holdings Bhd announced that it had been awarded a RM161.
KUALA LUMPUR (Jan 4): The Malaysian construction sector is expected to see downward normalisation this year, in which the domestic contract is projected to come in at RM25 billion, after achieving a record higher base in 2016, according to Hong Leong IB Research (HLIB).
PETALING JAYA: Research house Hong Leong Investment Bhd (HLIB) maintained its conservative forecast of UEM Sunrise Bhd's profit for the financial year 2015 (FY2015), according to a report in The Edge Financial Daily today.