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2022-06-17 07:26:34 https://www.theedgemarkets.com/article/kenanga-upgrades-ecoworld-outperform-after-higher-2q-profit Open / Comment

2022-06-17 07:01:07 Maybank IBG Research (17 Jun 2022)
Eco World Development - Value emerges
Shariah Compliant | Real Estate

Profit fell short but sales above; U/G to BUY
ECW’s 2QFY10/22 core net profit of MYR43m (+1% YoY, -30% QoQ) was below expectations but its 7MFY22 locked-in property sales of MYR2.2b were above expectations. Elsewhere, ECW’s net gearing continued to improve to 0.36x in 2QFY22, lowering risk amid a rising interest rate environment. We lower our earnings forecasts by 9-10%. Our TP is largely intact at MYR0.92 TP (-1sen; on an unchanged 0.6x FY22 PBV). Upgrade to BUY. ECW is backed by div yield of 6%.

For the full report, more stock ideas and market flows access Market Insight on Maybank Trade on Apple Store and Google Play.

#MaybankIBGResearch Open / Comment

2022-06-17 05:16:46 ECOWLD https://klse.i3investor.com/web/pricetarget/research/63734 Open / Comment

2022-06-15 12:30:33 Bunyi macam tak logik, tapi lepas webinar ni anda boleh nilai sendiri wujud ke tak deals macamni
.
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Open / Comment

2022-06-15 12:29:22 https://www.cnbc.com/2022/06/14/cryptocurrencies-sell-off-continues-bitcoin-and-ethereum-fall.html?__source=iosappshare%7Cph.telegra.Telegraph.Share Open / Comment

2022-06-15 10:22:42 https://www.theedgemarkets.com/article/ace-marketbound-orgabio-raise-rm30m-ipo-exercise Open / Comment

2022-06-15 07:48:21 CLEARANCE SALE

Get at Shopee: https://shope.ee/5UrKwgWp5U Open / Comment

2022-06-15 06:27:03 https://www.theedgemarkets.com/article/lingerie-maker-caelys-first-share-price-rise-two-weeks Open / Comment

2022-06-15 05:37:48 REVENUE https://klse.i3investor.com/web/pricetarget/research/63723 Open / Comment

2022-06-15 05:22:52 https://www.cnbc.com/2022/06/14/us-bonds-10-year-treasury-yield-in-focus-ahead-of-fed-meeting.html?__source=iosappshare%7Cph.telegra.Telegraph.Share Open / Comment