RHB Research initiates ‘buy’ call on AME REIT, with positive growth outlook
In a note on Thursday (April 13), the research house initiated a target price of RM1.
In a note on Thursday (April 13), the research house initiated a target price of RM1.
Many developers under the research house’s coverage have become more upbeat on the property market this year, in view of their more aggressive launching pipelines and sales targets.
“Government assistance is usually given when the price of houses supplied by the private market sector fails to meet the needs of the poor.
Meanwhile, the potential reduction in project cost for the MRT3, from RM50.
In a note on Wednesday (Jan 4), analyst Loong Kok Wen stated that property valuations had factored the negative impact of interest rate hikes on housing demand, but with the rate hikes frontloaded, the pace of the increase in interest rates is expected to decelerate in 2023.
The research house maintained a "neutral" rating on the sector Volatile and inflationary costs made tenders trickier KUALA LUMPUR (July 4): Hong Leong Investment Bank (HLIB) Research said 1H22 domestic contract awards totalled RM4.
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.
KUALA LUMPUR (April 21): RHB Research on Thursday (April 21) upgraded S P Setia Bhd to "buy" from "neutral" and revised up the stock’s target price to RM1.
KUALA LUMPUR (April 15): MIDF Research said on Friday (April 15) that it expects AEON Co (M) Bhd’s prospects to improve from the financial year ending Dec 31, 2022 (FY22) onwards in line with the reopening of businesses and social activities.
KUALA LUMPUR (Dec 23): Hong Leong Investment Bank (HLIB) Research forecast construction-sector earnings to double in 2022, driven by higher productivity and margins.