KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia's key index closed at an intraday high today, supported by continued buying interest even as renewed geopolitical tensions and a weaker overnight lead from Wall Street following the US Federal Reserve's (Fed) decision to stand pat on interest rates weighed on broader sentiment. The Fed has decided to hold rates steady for the fifth consecutive meeting, with the Federal Funds Rate unchanged between 3.50 per cent and 3.75 per cent. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.84 points to 1,720.40 from yesterday’s close of 1,715.56. The benchmark index, which opened 1.14 points lower at 1,714.42, hit its lowest level of 1,710.69 in early trade before gaining momentum for the rest of the day. However, the broader market was negative with losers outpacing gainers 581 to 411, while 612 counters were unchanged, 1,173 untraded, and 87 suspended. Turnover declined to 2.49 billion units valued at RM2.25 billion from ...
While headlines often focus on high-growth tech or turnaround plays, Ferretti Group — the Italian luxury yacht maker listed in Hong Kong — is steadily carving a place in portfolios that favor profitable, cash-generating growth with strong insider alignment.
Earnings Momentum Worth Watching
Ferretti’s compound annual growth rate (CAGR) for EPS stands at an impressive 20% over the past three years, underscoring consistent performance in a cyclical luxury market. Latest results show revenue growth of 8.7% YoY, hitting €1.3 billion, with EBIT margins holding firm. For investors, that’s a signal of stable operating leverage, not just temporary tailwinds.
Insiders Are Buying — With Conviction
In the past year, Ferretti insiders have accumulated over €37 million worth of shares, with zero disposals reported. Among the buyers, Czech billionaire Karel Komarek led the charge with a HK$21 million purchase, at HK$21.35 per share — implying confidence in current valuation.
Insiders now control nearly 19% of the business (valued at €1.7 billion), creating a strong alignment between management decisions and shareholder value.
Why It Matters
Ferretti isn’t a speculative name. It’s a profitable luxury play with:
Consistent bottom-line growth
Insider ownership and buying
Resilient demand in the premium leisure market
With macro headwinds easing across Europe and Asia, and Ferretti expanding both production and distribution, this could be an underappreciated compounder in the making.
Bottom Line
Ferretti (9638.HK) presents a compelling case for long-term investors seeking quality over hype. It’s not grabbing headlines — but the fundamentals are doing the talking.
Risk Note: Watch for FX impacts, high-end demand fluctuations, and the two red flags noted by Simply Wall St analysts, one of which may concern cost structure scalability.
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