Latest news with #QLResources
The Sun
3 days ago
- Business
- The Sun
Bursa Malaysia remains lower at mid-afternoon
KUALA LUMPUR: Bursa Malaysia remained lower at mid-afternoon on continued profit-taking in selected heavyweights and lower-liners led by consumer as well as industrial products and services stocks. At 3.05 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 4.0 points to 1,504.35 from last Friday's close of 1,508.35. The benchmark index opened 4.37 points higher at 1,512.72. Market breadth was negative with 715 decliners and 241 gainers, while 386 counters were unchanged, 1,004 untraded and 15 suspended. Turnover stood at 2.40 billion units worth RM1.35 billion. Maybank Investment Bank said in a note today that the benchmark index is expected to range between 1,500 points and 1,520 points today, with supports remaining at 1,500 points and 1,440 points. Among the heavyweights, QL Resources fell 11 sen to RM4.39, Petronas Chemicals dipped eight sen to RM3.34, Sunway and Press Metal dropped nine sen each to RM4.66 and RM4.95 respectively, and Axiata decreased three sen to RM2.02. Among the most active counters, Harvest Miracle Capital and ACE Market debutant ICT Zone Asia were flat at 18 sen and 20 sen respectively, Permaju Industries eased half-a-sen to 1.0 sen, Tanco Holdings slid half-a-sen to 99.5 sen, and Eco-Shop Marketing slipped three sen to RM1.23. On the index board, the FBM Emas Index shaved 42.05 points to 11,257.75, the FBMT 100 Index lost 35.74 points to 11,025.26, and the FBM ACE Index sank 88.68 points to 4,462.35. The FBM Emas Shariah Index trimmed 49.47 points to 11,206.78, while the FBM 70 Index retreated 77.77 points to 16,123.74. Sector-wise, the Financial Services Index weakened 34.22 points to 17,806.31, the Industrial Products and Services Index edged down 2.27 points to 150.38, and the Energy Index dropped 7.53 points to 700.69, but the Plantation Index gained 21.82 points to 7,229.67.
The Star
3 days ago
- Business
- The Star
Bursa Malaysia lower at midday on renewed US-China tensions
KUALA LUMPUR: Bursa Malaysia was lower at midday, dragged down by renewed tensions between the United States (US) and China, analysts said. According to reports, China hit back at US President Donald Trump's claim it had violated the temporary trade agreement between the two countries, while the European Union said it opposed the president's doubling of tariffs on steel and aluminium imports. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined by 4.89 points, 0.32 per cent, to 1,503.46 from last Friday's close of 1,508.35. The benchmark index, which opened 4.37 points higher at 1,512.72, moved between 1,497.42 and 1,514.12 during the morning session. In the broader market, decliners thumped gainers 694 to 225, while 373 counters were unchanged, 1,054 untraded and 15 suspended. Turnover stood at 2.14 billion units worth RM1.14 billion. Meanwhile, Hong Leong Investment Bank said in a note that following the conclusion of a lacklustre May corporate results season, it expects the benchmark index to remain volatile in June after tumbling 2.1 per cent in May (year-to-date: -8.2 per cent). This is as investor sentiment has stayed cautious amid continued foreign net outflows coupled with developments in the political landscape ahead of the Sabah state election (due by end 2025). "Adding to the cautious tone are renewed concerns over a tariff-driven global slowdown and ongoing legal tussles surrounding Trump's trade policies, which could weigh on market confidence and pressure Malaysia's growth and earnings outlook,' it said. Among the heavyweights, QL Resources fell 11 sen to RM4.39, Axiata slid four sen to RM2.01, Press Metal Aluminium was down nine sen to RM4.95, Petronas Chemicals eased six sen to RM3.36, and Sunway dropped 7 sen to RM4.68. Among the most active counters, Harvest Miracle Capital, ACE Market debutant ICT Zone Asia, and Permaju Industries were flat at 18 sen, 20 sen and 1.5 sen respectively, while Tanco Holdings increased one sen to RM1.01 and Eco-Shop Marketing slipped two sen to RM1.24. On the index board, the FBM Emas Index shaved 44.22 points to 11,255.58, the FBMT 100 Index lost 38.95 points to 11,022.05, and the FBM ACE Index fell 65.44 points to 4,485.59. The FBM Emas Shariah Index slid 54.38 points to 11,201.88, while the FBM 70 Index trimmed 69.27 points to 16,132.23. Sector-wise, the Financial Services Index weakened 43.21 points to 17,797.32, the Industrial Products and Services Index edged down 2.05 points to 150.60, and the Energy Index eased 8.58 points to 699.46, but the Plantation Index rose 16.80 points to 7,224.65. - Bernama
Yahoo
27-05-2025
- Business
- Yahoo
Investing in QL Resources Berhad (KLSE:QL) three years ago would have delivered you a 42% gain
By buying an index fund, investors can approximate the average market return. But if you choose individual stocks with prowess, you can make superior returns. For example, QL Resources Berhad (KLSE:QL) shareholders have seen the share price rise 37% over three years, well in excess of the market return (2.1%, not including dividends). On the other hand, the returns haven't been quite so good recently, with shareholders up just 7.6%, including dividends. Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). During three years of share price growth, QL Resources Berhad achieved compound earnings per share growth of 21% per year. The average annual share price increase of 11% is actually lower than the EPS growth. So one could reasonably conclude that the market has cooled on the stock. You can see below how EPS has changed over time (discover the exact values by clicking on the image). It's probably worth noting that the CEO is paid less than the median at similar sized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. Dive deeper into the earnings by checking this interactive graph of QL Resources Berhad's earnings, revenue and cash flow. It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, QL Resources Berhad's TSR for the last 3 years was 42%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return. It's good to see that QL Resources Berhad has rewarded shareholders with a total shareholder return of 7.6% in the last twelve months. Of course, that includes the dividend. That gain is better than the annual TSR over five years, which is 3%. Therefore it seems like sentiment around the company has been positive lately. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. Before forming an opinion on QL Resources Berhad you might want to consider these 3 valuation metrics. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Malaysian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
11-05-2025
- Business
- Yahoo
Here's Why We Think QL Resources Berhad (KLSE:QL) Is Well Worth Watching
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. Loss making companies can act like a sponge for capital - so investors should be cautious that they're not throwing good money after bad. So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like QL Resources Berhad (KLSE:QL). While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The market is a voting machine in the short term, but a weighing machine in the long term, so you'd expect share price to follow earnings per share (EPS) outcomes eventually. That means EPS growth is considered a real positive by most successful long-term investors. It certainly is nice to see that QL Resources Berhad has managed to grow EPS by 21% per year over three years. As a general rule, we'd say that if a company can keep up that sort of growth, shareholders will be beaming. Top-line growth is a great indicator that growth is sustainable, and combined with a high earnings before interest and taxation (EBIT) margin, it's a great way for a company to maintain a competitive advantage in the market. While we note QL Resources Berhad achieved similar EBIT margins to last year, revenue grew by a solid 7.9% to RM7.0b. That's encouraging news for the company! The chart below shows how the company's bottom and top lines have progressed over time. To see the actual numbers, click on the chart. Check out our latest analysis for QL Resources Berhad You don't drive with your eyes on the rear-view mirror, so you might be more interested in this free report showing analyst forecasts for QL Resources Berhad's future profits. It's a necessity that company leaders act in the best interest of shareholders and so insider investment always comes as a reassurance to the market. Shareholders will be pleased by the fact that insiders own QL Resources Berhad shares worth a considerable sum. We note that their impressive stake in the company is worth RM553m. This suggests that leadership will be very mindful of shareholders' interests when making decisions! It's good to see that insiders are invested in the company, but are remuneration levels reasonable? Our quick analysis into CEO remuneration would seem to indicate they are. The median total compensation for CEOs of companies similar in size to QL Resources Berhad, with market caps between RM8.6b and RM28b, is around RM3.4m. The QL Resources Berhad CEO received total compensation of only RM140k in the year to March 2024. You could consider this pay as somewhat symbolic, which suggests the CEO does not need a lot of compensation to stay motivated. While the level of CEO compensation shouldn't be the biggest factor in how the company is viewed, modest remuneration is a positive, because it suggests that the board keeps shareholder interests in mind. It can also be a sign of good governance, more generally. For growth investors, QL Resources Berhad's raw rate of earnings growth is a beacon in the night. If you need more convincing beyond that EPS growth rate, don't forget about the reasonable remuneration and the high insider ownership. Everyone has their own preferences when it comes to investing but it definitely makes QL Resources Berhad look rather interesting indeed. Now, you could try to make up your mind on QL Resources Berhad by focusing on just these factors, or you could also consider how its price-to-earnings ratio compares to other companies in its industry. Although QL Resources Berhad certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with more skin in the game, then check out this handpicked selection of Malaysian companies that not only boast of strong growth but have strong insider backing. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
The Star
30-04-2025
- Business
- The Star
FBM KLCI extends gains to fresh 1-month high
KUALA LUMPUR: The rally on Bursa Malaysia gained steam in the early session as foreign funds continued to flow back into the domestic market. The FBM KLCI rose 12.62 points to 1,528.18, its highest level since late March as the recovery continued to pick up steam ahead of the the corporate earnings period. Advancing issues on the market exceeded decliners at a ratio of 1.25-to-1. Volume was 1.41 billion shares changing hands for RM833.49mil. There were gains in all but one of the 30 blue chips on the FBM KLCI, with QL Resources dropping two sen to RM4.79 amid news that the government will halve its subsidy on eggs tomorrow and fully discontinue the subsidy from August 1 this year. Notable gainers included Nestle, which rose RM2.30 to RM86.52 as it continued a stellar recovery that has seen it recoup nearly 40% of its value since May 20. Bank shares also climbed with CIMB adding eight sen to RM7.10, Hong Leong Bank gaining 10 sen to RM20, Maybank adding three sen to RM9.98 and Public Bank rising three sen to RM4.46. Top traded stocks on Bursa Malaysia were Richtech up three sen to 31 sen, Nationgate adding eight sen to RM1.36 and Tanco down one sen to 87 sen. Meanwhile, Asian markets stayed mildly positive with gains capped by concerns over the health of the global economy. Japan's Nikei rose 0.14% to 35,889 and Hong Kong's Hang Seng gained 0.22% to 22,056. Shanghai's composite index slipped 0.08% to 3,283. Singapore's Straits Times index rose 0.39% to 3,820.
