Property sector still underowned, says RHB IB
RHB Investment Bank (RHB IB) Research has maintained its “overweight” rating on the property sector and said the re-rating in property sector still has legs.
Genting Singapore may bid for Thailand casino — Maybank IB
Genting Singapore may bid for a casino and integrated resort licence in Thailand, should the Thai government open up the industry, according to Maybank Investment Bank Research (Maybank IB).
Iskandar Puteri stands a good chance as location for Johor-Singapore special economic zone, says Maybank IB
Maybank Investment Bank has maintained its “neutral” rating of the property sector, and said that Iskandar Puteri stands a good chance as a location for the Johor-Singapore special economic zone (JSSEZ).
Avaland eyeing for technical breakout, says RHB Retail Research
RHB Retail Research said Avaland Bhd (formerly known as MCT Bhd) is eyeing for a technical breakout as it rebounded above the 21-day simple moving average (SMA) line, touching 26 sen on stronger trading volume.
Buying interest for IOI Properties may have returned, says Rakuten Trade
Rakuten Trade said buying interest for IOI Properties Group Bhd may have returned following a break-out from the one-week rectangular pattern with a long white candle on Wednesday.
Iskandar Waterfront City poised for positive rebound, says RHB Retail Research
RHB Retail Research said Iskandar Waterfront City Bhd is poised for a positive rebound after bouncing off the 21-day simple moving average line, testing the 67 sen immediate resistance level.
E&O set for uptrend reversal, says RHB Retail Research
RHB Retail Research said Eastern & Oriental Bhd is set for an uptrend reversal after undergoing a breakout above the 59 sen level on Tuesday on improving trading volume above the 21-day simple moving average line.
MIDF Research upgrades EcoWorld to 'buy' on attractive share price upside
MIDF Research has upgraded Eco World Development Group Bhd (EcoWorld) to “buy” at RM1, with an unchanged target price of RM1.14, and said the developer’s core net income of RM272.9 million for the financial year ended Oct 31, 2023 (FY2023) came in above consensus full-year expectations at 107%, but within MIDF’s estimate at 102%.
Phillip Capital starts coverage of AME Elite, says firm poised to reap rewards from ongoing US–China tension
The research house projected AME Elite’s earnings to grow 8% y-o-y in the FY2025, and 15% y-o-y in FY2026, to be driven by higher contributions from its flagship development of i-TechValley, coupled with margin expansion.
LBS Bina set to propel towards YTD high, says RHB Retail Research
RHB Retail Research said LBS Bina Group Bhd is set to propel towards the year-to-date (YTD) high, as it surpassed the 57.5 sen breakout level on Thursday, on the back of surging trading volume.
