The candlstick is forming a re-entry at weekly timeframe, the target re-entry price is between MYR7.80 to MYR8.01. Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this post are provided as general market information for educational and entertainment purposes only, and do not constitute investment...
MQREIT’s 1H20 Core Net Profit of RM38.9m (+8.4% YoY) Was Above Most Consensus Estimates, Due to Lower-than-expected Total Expenses. Overall, the Improved Performance Was Due to New Tenancy and Lower Expenses. I Anticipate Resilient Earnings for FY20 From These New Tenants. I Increase Our Earnings by 10% for FY20-22 to Account for Lower Expenses and Contribution...
Maybank Indonesia saw net profit dropped 16% YoY in 2Q20, no thanks to tepid total income and surge in bad loan provision. Also, loans continued to contract and NPL ratio has risen further. Overall, results were largely within expectations and hence, forecasts were unchanged. In our opinion, the stock’s risk-reward profile remains balanced as there are no...