Ever wonder why some industries do not regulate that heavily yet it seems to operate just fine (their failure has minimal impact to the society) but banks which are supposed…
[Continue reading]Basel III – A double-edged sword
Quarterly Result (Malaysia) – LB Aluminium Berhad (Q1 FY18)
Last Traded Price RM 0.775 Target Price RM 0.82 (from RM 0.94) Est. Return 5.3% Rating Neutral (Maintain) Price to Earnings* 11.7x Price to Book* 0.65x 1) Bullish Aluminium price…
[Continue reading]Quarterly Result (Malaysia) – Astino Berhad (Q4 FY17)
Last Traded Price RM 1.13 Target Price RM 1.24 (from RM 1.26) Est. Return 10.1% Rating Neutral (Maintain) Price to Earnings* 9.0x Price to Book* 0.9x 1) Disappointing albeit acceptable…
[Continue reading]Positive Development on US Import Tax – Jay Corp Berhad (Q3 FY17)
Last Traded Price RM 1.43 Target Price RM 1.65 (from RM 1.43) Est. Return 15.55% Rating BUY (From Neutral) Price to Earnings 8.6x Price to Book 1.3x 1) Though economic…
[Continue reading]Quarterly Result (Malaysia) – Astino Berhad (Q3 FY17)
Last Traded Price RM 1.15 Target Price RM 1.26 (from RM 0.90) Est. Return 9.5% Rating Neutral (From BUY) Price to Earnings* 8.32x Price to Book* 0.95x 1) Acceptable…
[Continue reading]Quarterly Result (Malaysia) – LB Aluminium Berhad (Q4 FY17)
Last Traded Price RM 0.83 Target Price RM 0.94 (from RM 0.83) Est. Return 13.1% Rating Neutral (From BUY) Price to Earnings* 11.5x Price to Book* 0.7x 1) Earnings…
[Continue reading]Quarterly Result (Malaysia) – Marco Berhad (Q1 FY17)
Last Traded Price RM 0.155 Target Price RM 0.205 Est. Return 32.2% Rating BUY (Maintained) Price to Earnings* 9.3x Price to Book* 0.9x * As of 21/06/17 (Source: Morningstar) 1)…
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