MONEY MASTER

CelcomDigi  delivered a strong finish to 2025, with  fourth-quarter net profit more than doubling  and dividend payouts maintained as integration efforts near completion. 4QFY2025 Highlights Net Profit:  RM349.6 million (vs RM158.3 million a year ago) Revenue:  RM3.45 billion +5% YoY Dividend:   3.60 sen per share Payable March 30, 2026 Profit growth was driven mainly by lower depreciation, amortisation and impairment charges. Full-Year FY2025 Performance Net Profit:  RM1.51 billion +10% YoY Revenue:  RM12.96 billion +2% YoY Service Revenue:  RM10.91 billion +1.1% YoY EBIT:  RM2.67 billion +16% YoY Capex:  RM1.57 billion Total 2025 Dividends:  14.70 sen per share (vs 14.30 sen in 2024) Subscriber & Integration Update Subscribers:  20.6 million Net addition:  196,000 users Network modernisation:  90%+ complete Retail transformation: 60+ own stores refreshed 300+ partner stores ~⅔ refurbished CEO Albern Murty s...

  Global Market Recap Wall Street at Record Highs as Tech Stocks Rally The S&P 500 and Nasdaq Composite extended gains to new all-time highs overnight, led by strong performances in  AMD  and  Tesla . The $S&P 500 Index (.SPX.US)$ rose  0.36%  to  6,740.28 , while the $Nasdaq Composite (.IXIC.US)$ climbed  0.71%  to  22,941.67 . $Advanced Micro Devices (AMD.US)$ surged  23.7%  following a landmark multi-year AI chip supply deal with  OpenAI , expected to generate tens of billions in revenue. $Tesla (TSLA.US)$ gained  5.5%  amid renewed speculation about an upcoming model launch. Meanwhile,  gold prices hit a new record , touching  US$3,994.50/oz , as investors sought safe-haven assets amid the prolonged US government shutdown.  Bitcoin  also set a fresh high above  US$126,000 , with inflows into crypto ETFs accelerating. The $Dow Jones Industrial Average (.DJI.US)$ edged down...

今天，大马股市上有6家公司成为市场焦点，从40年水务项目到电讯体验店革新，不容错过： Gamuda（KL:GAMUDA） 中标北霹雳 RM50亿水务基础设施合约 Gamuda与霹雳州PKNPk组成的合资公司，赢得一项为期40年的水处理及分销项目。 重点： 将为“Kerian绿色工业园”供水； 多余水量还可出售给槟城。 长期营收确定性强，是稳定的基建类投资标的。 Kawan Renergy（KL:KENERGY） 拿下 RM3881万天然气联合发电系统工程 与Gas Malaysia Energy Advance签署合约，将为FGV IFFCO在巴生港建设燃气共生发电系统。 工期20个月，按里程碑付款。 进一步巩固在能源基础设施市场的地位。 Tan Chong Motor（KL:TCHONG） 股价狂飙引监管关注（UMA警报） 盘中一度飙升44%至83.5仙，创近一年新高。 全日上涨36%，收报79仙，成交量达2960万股。 年初至今上涨高达92%。 ⚠️交易所已要求公司澄清异动原因。 投机情绪浓厚，建议观望后续公告。 Pekat Group（KL:PEKAT） 筹资 RM8468万 发展太阳能业务 拟私募增发6616万新股（约占10%股本），用作商业与工业太阳能光伏项目发展资金。 目标：推动市值突破 RM10亿关口。 反映出绿色能源板块依然具投资吸引力。 Avaland（KL:AVALAND） Avalon项目第一期全数售罄 位于Cybersouth镇区的166套巴厘岛风格洋房已全数售罄，项目总发展值（GDV）为 RM1.51亿。 售价介于 RM78.5万 – RM102万之间 为该镇区最后一批有地住宅。 显示中高端置业需求依旧强劲。 CelcomDigi（KL:CDB） 在The Gardens及双威广场开设“Life”概念体验店 面积达3500平方尺 设有三星专区、迪士尼体验区 引入“店中店”概念，全面提升消费者体验 📢这一举措或将重塑马来西亚的电讯零售格局。 MoneyMaster一语点评： 基建与能源（Gamuda、KENERGY）具备长期增长视野； Tan Chong走势火热但风险亦高，务必留意后续消息； Pekat融资彰显太阳能赛道仍有吸引力； Avaland热销反映中高端置业需求仍在； CelcomDigi则展现企业在消费者体验上的转型决心。

CelcomDigi Bhd CEO Datuk Idham Nawawi has made it clear that the group would rather lead the development of Malaysia’s second 5G network rather than take over the existing one managed by state-owned Digital Nasional Bhd (DNB) . This preference comes as Malaysia shifts to a dual network model for 5G deployment, moving away from the current single wholesale network (SWN) operated by DNB. Idham explained that CelcomDigi’s 18,000 sites have been upgraded to be 5G-ready and could be transformed into a 5G network with relative ease by adding network equipment and performing a software upgrade, provided they are granted access to the 5G spectrum currently controlled by DNB. He indicated that CelcomDigi could complete the upgrade in less than two years . Why Build Its Own 5G Network? Idham believes that building CelcomDigi’s own 5G network wouldn’t impact dividend payments and would be less costly than paying for wholesale 5G capacity. The company’s existing infrastructure would allow fo...