Maybank IB positive on REIT sector on steady occupancy, asset injections
The REIT sector is expected to deliver core earnings growth of 8.
Maybank IB positive on Gamuda’s prospects, raises target price to RM7.25
The research house said Gamuda’s FY2024 year-to-date win is circa RM9 billion and it expects to secure another estimated RM14 billion by end-CY2024, bringing forward its RM25 billion target for FY2024-2025E by half a year.
Maybank IB expects OPR to be kept at 3.0%, driving continuous growth for REITs in 2024
Furthermore, Maybank IB expects the 10-year Malaysian government securities (MGS) yield to lower to 3.
KL-Singapore HSR challenging without govt involvement, says Maybank IB
Maybank Investment Bank (Maybank IB) head of equity research Wong Chew Hann: In the private sector, you go into business because you want to make money.
Maybank IB expects Gamuda’s core net profit to hit RM1b mark in FY2025
In a note on Monday, the research house said Gamuda’s FY2023 CNP grew 7% year-on-year, another record high, as contributions from overseas engineering and construction (E&C) jobs offset earnings foregone post the sale of its tolled highways in October 2022.
Maybank IB cuts Genting Malaysia FY22 EPS by 40% as Omicron seen dampening recovery
KUALA LUMPUR (May 6): Maybank Investment Bank (Maybank IB) on Friday cut Genting Malaysia Bhd's earnings per share (EPS) for the financial year ending Dec 31, 2022 (FY22) by 40% as the Omicron wave which began in Malaysia in February slows Resorts World Genting's (RWG) recovery.
Maybank IB Research upgrades property sector to 'neutral', sees fragile recovery ahead
KUALA LUMPUR (Dec 8): Maybank Investment Bank (Maybank IB) Research on Wednesday upgraded the Malaysian property sector to "neutral" (from "negative") after the share prices of property stocks under its coverage have retreated by 10% to 20% to more realistic valuations.
Some economists still holding out hope for above 4% full-year GDP growth
KUALA LUMPUR (Aug 16): Despite Bank Negara Malaysia’s (BNM) move to slash growth forecast for 2021 to the 3% to 4% range, some economists are still holding out hope for growth to come in above 4% this year.
Even without OPR cut, real rates will turn negative this year, says Maybank IB chief economist
KUALA LUMPUR (Jan 20): A passive easing in interest rates in the country will be seen, even without making any changes to the overnight policy rate (OPR), according to Maybank Investment Bank (Maybank IB) chief economist Suhaimi Ilias.
SP Setia raises RM998m from share placement
KUALA LUMPUR (Jan 30): S P Setia Bhd said it has fixed the issue price for its 325 million new placement shares at RM3.
