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NexG stock downgraded to Sell, target price lowered to 45 sen
NexG stock downgraded to Sell, target price lowered to 45 sen

Malaysian Reserve

time6 days ago

  • Business
  • Malaysian Reserve

NexG stock downgraded to Sell, target price lowered to 45 sen

NexG Bhd is making its biggest sector leap, by acquiring 402m shares (32.6% equity) in Classita Holdings Bhd from Hong Seng Consolidated for RM60.3m, alongside 414.3m Classita warrants for RM16.5m. That is RM76.8m in total, partially funded by RM40m in borrowings, marking a rare move for the group into the property and construction space. We are Neutral on the deal's fundamentals as the near-term earnings impact is minimal, while long-term execution risk remains high given Classita's volatile track record. Nevertheless, the share price has rallied in recent months with much of the perceived upside highly likely has been priced in. Hence, we are downgrading our call from Hold to Sell, while keeping our target price at 45 sen based on 18x price to earnings ratio (PER) (+1 standard deviation above average 3-year forward PER) applied to FY26F diluted earnings per share of 2.5 sen. — BIMB Securities Sdn Bhd (Aug 11, 2025) (Calls by analysts tracked by Bloomberg: 4 Buy, 0 Hold, 1 Sell; Consensus target price: 52 sen)

MN Holdings Berhad Third Quarter 2025 Earnings: EPS: RM0.03 (vs RM0.011 in 3Q 2024)
MN Holdings Berhad Third Quarter 2025 Earnings: EPS: RM0.03 (vs RM0.011 in 3Q 2024)

Yahoo

time30-05-2025

  • Business
  • Yahoo

MN Holdings Berhad Third Quarter 2025 Earnings: EPS: RM0.03 (vs RM0.011 in 3Q 2024)

Revenue: RM127.4m (up 149% from 3Q 2024). Net income: RM16.5m (up 251% from 3Q 2024). Profit margin: 13% (up from 9.2% in 3Q 2024). The increase in margin was driven by higher revenue. EPS: RM0.03 (up from RM0.011 in 3Q 2024). 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. All figures shown in the chart above are for the trailing 12 month (TTM) period Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in Malaysia. Performance of the Malaysian Construction industry. The company's shares are up 5.6% from a week ago. Don't forget that there may still be risks. For instance, we've identified 2 warning signs for MN Holdings Berhad (1 is a bit unpleasant) you should be aware of. 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

MN Holdings Berhad Third Quarter 2025 Earnings: EPS: RM0.03 (vs RM0.011 in 3Q 2024)
MN Holdings Berhad Third Quarter 2025 Earnings: EPS: RM0.03 (vs RM0.011 in 3Q 2024)

Yahoo

time30-05-2025

  • Business
  • Yahoo

MN Holdings Berhad Third Quarter 2025 Earnings: EPS: RM0.03 (vs RM0.011 in 3Q 2024)

Revenue: RM127.4m (up 149% from 3Q 2024). Net income: RM16.5m (up 251% from 3Q 2024). Profit margin: 13% (up from 9.2% in 3Q 2024). The increase in margin was driven by higher revenue. EPS: RM0.03 (up from RM0.011 in 3Q 2024). 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. All figures shown in the chart above are for the trailing 12 month (TTM) period Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in Malaysia. Performance of the Malaysian Construction industry. The company's shares are up 5.6% from a week ago. Don't forget that there may still be risks. For instance, we've identified 2 warning signs for MN Holdings Berhad (1 is a bit unpleasant) you should be aware of. 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Techbase Industries Berhad Second Quarter 2025 Earnings: EPS: RM0.055 (vs RM0.031 loss in 2Q 2024)
Techbase Industries Berhad Second Quarter 2025 Earnings: EPS: RM0.055 (vs RM0.031 loss in 2Q 2024)

Yahoo

time31-03-2025

  • Business
  • Yahoo

Techbase Industries Berhad Second Quarter 2025 Earnings: EPS: RM0.055 (vs RM0.031 loss in 2Q 2024)

Revenue: RM64.6m (down 6.2% from 2Q 2024). Net income: RM16.5m (up from RM8.64m loss in 2Q 2024). Profit margin: 26% (up from net loss in 2Q 2024). The move to profitability was driven by lower expenses. EPS: RM0.055 (up from RM0.031 loss in 2Q 2024). 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. All figures shown in the chart above are for the trailing 12 month (TTM) period Techbase Industries Berhad's share price is broadly unchanged from a week ago. Before we wrap up, we've discovered 2 warning signs for Techbase Industries Berhad that you should be aware of. 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.

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