Skip to main content

Featured Post

Netflix Slides 8% After Weak Outlook Overshadows Strong Q1 Results

Netflix  shares fell more than  8% in after-hours trading , as a  disappointing second-quarter outlook  and leadership changes outweighed otherwise solid first-quarter results. Weak Guidance Sparks Sell-Off Netflix forecast  Q2 earnings of US$0.78 per share , below analyst expectations of  US$0.84 , while revenue is projected at  US$12.57 billion , missing the  US$12.64 billion consensus . The weaker guidance raised concerns over  near-term growth momentum , triggering a sharp negative market reaction. Strong Q1 Performance Fails to Impress For the first quarter: Revenue rose 16% YoY to US$12.25 billion  (above estimates) Earnings surged 86% to US$1.23 per share However, earnings were boosted by a  US$2.8 billion one-off termination fee , reducing the quality of underlying growth. Operating margin improved to  32.3% , but still came in  below expectations (32.4%) , further dampening sentiment. Rising Costs and Strategic Sh...
Post a Comment

Key Corporate Updates from Malaysia

Here’s a recap of notable corporate announcements and updates on Monday, Dec 16:

Gamuda Bhd

  • Australian Contract Win: Gamuda’s subsidiary, DT Infrastructure Pty Ltd, secured a A$625 million (RM1.8 billion) engineering, procurement, and construction (EPC) contract for the 585MW Goulburn River Solar Farm in New South Wales. Work begins in January 2025.
  • Key Scope: Includes civil, structural, and electrical infrastructure development.

Winstar Capital Bhd

  • Upcoming Listing: Set to debut on Bursa Malaysia’s ACE Market on Dec 19.
  • Performance: Recorded a 3QFY2024 net profit of RM3.31 million on RM58.76 million revenue.
  • Business Segments: Aluminium extrusion (57.7% of revenue), building materials, and solar PV system installations.

MClean Technologies Bhd

  • Diversification Approved: Shareholders approved a move into plastic injection moulding and a private placement.
  • Key Figures: Acquiring the business for RM6.04 million; private placement to raise RM12.3 million; a RM35 million capital reduction to offset losses.

DRB-Hicom Bhd

  • Strategic Partnerships: Signed MOUs with Mida and MARii to boost Malaysia’s automotive industry through the Automotive Hi-Tech Valley (AHTV) project.
  • Aim: Transform AHTV into a global hub for next-generation vehicles.

Sapura Industrial Bhd

  • Shareholder Exit: Puncak Exotika Sdn Bhd reduced its stake below the substantial 5% threshold after selling 500,000 shares at 82 sen each.

NTPM Holdings Bhd

  • Return to Profitability: Reported a net profit of RM162,000 in 2QFY2025, supported by a RM5.92 million forex gain, despite a 2.6% drop in revenue.
  • Dividend Declared: First interim dividend of 0.4 sen per share, payable Jan 20, 2025.

Crest Group Bhd

  • HQ Expansion: Acquiring a RM16.5 million industrial property in Puchong, Selangor.
  • Purpose: New headquarters and consolidation of central operations.
  • Funding: From IPO proceeds and internal funds.

Marine & General Bhd

  • Profit Growth: 2QFY2025 net profit surged 46.7% to RM12.1 million, driven by higher charter rates.
  • Revenue: Rose 1.3% YoY to RM93.1 million, despite lower utilisation rates.

George Kent (M) Bhd

  • New Contract: Awarded a RM45.5 million contract for Kwasa Damansara township infrastructure works.
  • Timeline: Begins Jan 2025, completion by July 2027.

Infomina Bhd

  • International Deal: Secured a US$2.6 million (RM11.6 million) order from Hong Kong Exchanges and Clearing Ltd (HKEX) for tech application and support services.
  • Duration: Dec 2024 to Dec 2027.

Perdana Petroleum Bhd

  • Charter Contract: Signed a three-year agreement for an anchor handling tug and supply (AHTS) vessel, with a possible three-year extension.
  • Scope: Supporting offshore rigs, installations, and barges.

Advancecon Holdings Bhd

  • Infrastructure Contract: Secured a RM44.6 million project for Sime Darby Property’s Elmina West development.
  • Project Scope: Roads, drainage, water reticulation, and telecommunications infrastructure.
  • Unbilled Order Book: Now totals RM321.6 million.
Labels:

Comments

Post a Comment

Popular posts from this blog

特朗普考虑保罗·阿特金斯接任SEC主席，或推动加密货币监管转型

据彭博社报道，美国候任总统唐纳德·特朗普正在考虑由 保罗·阿特金斯 （Paul Atkins）接替即将卸任的证券交易委员会（SEC）主席 加里·根斯勒 （Gary Gensler）。阿特金斯以其支持数字资产的立场闻名，这一任命可能为SEC的加密货币监管政策带来重大转变。 事件概况 阿特金斯的背景 ： 阿特金斯曾在乔治·W·布什政府期间担任SEC专员。他一直推动制定明确且平衡的加密货币法规，力求为金融科技创新提供支持。 行业经验 ： 离开SEC后，阿特金斯领导了 Patomak Global Partners ，一家为主要金融公司提供咨询的机构。他主张简化监管流程以鼓励创新，同时确保市场完整性。 其他候选人 ： 马克·乌耶达 （Mark Uyeda）：现任SEC专员 希斯·塔伯特 （Heath Tarbert）：前商品期货交易委员会（CFTC）主席 罗伯特·斯特宾斯 （Robert Stebbins）：Willkie Farr & Gallagher LLP合伙人 特朗普的亲加密货币立场 特朗普承诺终结根斯勒领导下的SEC“反加密货币运动”。根斯勒的任期因FTX崩盘等丑闻后的强力执法而备受争议，被批评为给行业带来了不确定性。 阿特金斯的潜在任命与特朗普的目标一致，即在保障市场完整性的同时，通过更加友好的监管政策推动数字资产的发展。 接下来会发生什么？ SEC主席的任命预计将在未来几天内敲定。如果阿特金斯接任，这将表明SEC将采取更注重创新的监管方式，为加密货币行业带来更大的确定性和发展空间。
Post a Comment
Read more

Capital A 股价下跌，因外汇驱动的第三季度业绩低于预期

Capital A Bhd 在周五早盘交易中股价下跌7%，至1.01令吉，市值降至46亿令吉。这是由于其2024财年第三季度业绩未达到大多数分析师预期，尽管受益于外汇收益提振。 2024财年第三季度亮点： 核心税后及少数股东权益后亏损 (Latmi)：  1.434亿令吉，令2024财年前9个月的税后亏损达到1.195亿令吉。 业绩未达  香港联昌投资银行（HLIB）预计的7.549亿令吉的税后净利（Patmi），但与市场普遍预测的4.59亿令吉税后净利一致。 剔除例外项目 (EIs)：  共计12亿令吉，主要由于15亿令吉的外汇收益，但被递延税务损失部分抵销。 环比表现： 核心Latmi从上一季度的5,760万令吉恶化至1.434亿令吉，主要受以下因素影响： 季节性收益率疲弱； 成本增加； ADE MRO（维修、保养及翻修）业务因6个新机库的启动成本造成亏损。 未来展望： 预计2024财年第四季度表现将有所改善，得益于： 更高的机队容量； 季节性需求和收益率的改善； 喷气燃料价格下降及美元贬值； 来自新ADE机库的运营贡献。 待决事项： 航空业务出售：  正等待法院批准出售给亚航长途（AirAsia X Bhd, KL:AAX），预计在2025财年第一季度完成。 PN17状态：  出售后仍维持，预计在2025财年上半年完成相关解决方案。 联昌投资银行（HLIB）建议： 维持“买入”评级，目标价为1.68令吉，估值基于航空业务为68亿令吉，非航空业务为21.5亿令吉。 尽管短期面临挑战，Capital A 的长期增长前景依然受到更强的季节性表现和战略举措的支持。
Post a Comment
Read more

Market Daily Report: Bursa Malaysia Ends At Two-month High On Positive Sentiment

KUALA LUMPUR, Dec 12 (Bernama) -- Bursa Malaysia’s key index closed higher today on bargain hunting, in line with positive investor sentiment across regional markets, consolidating at its highest level in more than two months — a level last seen on Oct 2, 2025. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 12.42 points, or 0.76 per cent, to 1,637.81, compared with Thursday’s close of 1,625.39. The benchmark index opened 2.83 points lower at 1,622.56, thereafter edged down to an early low of 1,622.03, before staging an uptrend to an intraday high of 1,640.36 in late trading. Market breadth was positive, with gainers trouncing decliners at 743 versus 387. Another 530 counters were unchanged, 1,108 untraded, and 16 suspended. Turnover increased to 3.09 billion units worth RM2.46 billion from 2.99 billion units worth RM2.35 billion on Thursday. Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the FBM KLCI ended higher on continued...
Post a Comment
Read more