KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia ended higher on Friday as investors continued to accumulate blue-chip stocks in line with stronger performances across most regional markets. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.50 points to 1,724.90 from yesterday’s close of 1,720.40. The benchmark index opened 0.83 of a point higher at 1,721.23, and moved between 1,715.67 and 1,730.12 throughout the day. The broader market was positive with gainers outpacing losers 707 to 402, while 547 counters were unchanged, 1,085 untraded and 56 suspended. Turnover expanded to 3.03 billion units valued at RM3.56 billion from 2.49 billion units valued at RM2.25 billion on Thursday.
Quick Snapshot – Fundamentals
| FY | Revenue (HKD M) | Net Profit (HKD M) | Net Margin |
|---|---|---|---|
| 2025F | 333,565 | 22,599 | ~6.8% |
| 2026F | 349,749 | 24,892 | ~7.1% |
| 2027F | 368,467 | 27,207 | ~7.4% |
CAGR in Net Profit: ~10%
Forward P/E: 10.94x (undervalued vs. sector)
Dividend Yield: 0.0% (reinvesting into growth)
YTD Return: -8.6% (potential rebound play)
Technical Setup – Bullish Signals
Crossed above 20D & 50D EMAs
MACD positive and rising = Buy Signal
Breakout trigger: HKD 24.50
Resistance & Support:
R1: 24.50 | R2: 26.00
S1: 23.40 | S2: 22.80
Why We Like It
✅ Turnaround momentum on both charts & earnings
✅ Expanding net margins over 3 years
✅ Global brand power in consumer appliances
✅ Low valuation with room to rerate
Risks
Consumer spending slowdown
No dividend buffer
Monitor technical support and earnings performance
Analyst Verdict:
Haier is a recovery story with technical tailwinds, stable profit growth, and a strong global presence. A breakout above HKD 24.50 could fuel a new uptrend — and investors looking for smart beta exposure to China consumer names may want to take a serious look.
Comments
Post a Comment