Latest news with #RM242m
The Sun
4 days ago
- Sport
- The Sun
Inzaghi to coach Saudi Arabia's Al Hilal
FORMER Inter boss Simone Inzaghi was revealed as the new coach of Saudi Arabia's Al Hilal on Thursday, days before they take part in the new-look Club World Cup. The Italian, who led Inter to a heavy defeat in Saturday's Champions League final, had earlier played down rumours of a two-year deal worth €50 million (RM242m). 'I am Simone Inzaghi and today begins my story with Al Hilal,' he said in a slickly produced video posted on X, in which he sips Arabian coffee and pins an Al Hilal lapel badge on his suit. Inzaghi, 49, becomes just the latest high-profile footballing acquisition for oil-rich Saudi Arabia, which will host the World Cup in 2034. 'The Italian genius is here,' Al Hilal posted. 'Welcome, Simone Inzaghi.' Inzaghi joins the likes of Ruben Neves and Aleksandar Mitrovic at Al Hilal, which let injury-hit Neymar go in January after just seven appearances since his arrival in August 2023. A source with knowledge of the negotiations last week told AFP that the 'first option' for Cristiano Ronaldo, who has signalled he is leaving rival club Al Nassr, could be a move to Al Hilal. Manchester United's Bruno Fernandes this week said he rejected Al Hilal's reported $135m (RM573m) offer because he wanted to 'continue to play at the highest level'. Inzaghi's Inter slumped 5-0 to Qatar-funded Paris Saint-Germain in Saturday's Champions League final. His departure was confirmed on Tuesday. The former forward guided Inter to one Serie A title and two Italian Cups since joining in 2021. He took them to two Champions League finals in three seasons but lost both. On track to repeat the treble heroics of 2010 just a few weeks ago, Inter ended the season trophyless after falling away in each competition. Inter, PSG, Real Madrid and Manchester City are also among the 32 teams at the expanded Club World Cup, which starts on June 15. – AFP
The Sun
4 days ago
- Business
- The Sun
‘Italian genius' Inzaghi to coach Saudi Arabia's Al Hilal
FORMER Inter boss Simone Inzaghi was revealed as the new coach of Saudi Arabia's Al Hilal on Thursday, days before they take part in the new-look Club World Cup. The Italian, who led Inter to a heavy defeat in Saturday's Champions League final, had earlier played down rumours of a two-year deal worth €50 million (RM242m). 'I am Simone Inzaghi and today begins my story with Al Hilal,' he said in a slickly produced video posted on X, in which he sips Arabian coffee and pins an Al Hilal lapel badge on his suit. Inzaghi, 49, becomes just the latest high-profile footballing acquisition for oil-rich Saudi Arabia, which will host the World Cup in 2034. 'The Italian genius is here,' Al Hilal posted. 'Welcome, Simone Inzaghi.' Inzaghi joins the likes of Ruben Neves and Aleksandar Mitrovic at Al Hilal, which let injury-hit Neymar go in January after just seven appearances since his arrival in August 2023. A source with knowledge of the negotiations last week told AFP that the 'first option' for Cristiano Ronaldo, who has signalled he is leaving rival club Al Nassr, could be a move to Al Hilal. Manchester United's Bruno Fernandes this week said he rejected Al Hilal's reported $135m (RM573m) offer because he wanted to 'continue to play at the highest level'. Inzaghi's Inter slumped 5-0 to Qatar-funded Paris Saint-Germain in Saturday's Champions League final. His departure was confirmed on Tuesday. The former forward guided Inter to one Serie A title and two Italian Cups since joining in 2021. He took them to two Champions League finals in three seasons but lost both. On track to repeat the treble heroics of 2010 just a few weeks ago, Inter ended the season trophyless after falling away in each competition. Inter, PSG, Real Madrid and Manchester City are also among the 32 teams at the expanded Club World Cup, which starts on June 15. – AFP
Yahoo
27-02-2025
- Business
- Yahoo
FACB Industries Berhad (KLSE:FACBIND) Is Experiencing Growth In Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Speaking of which, we noticed some great changes in FACB Industries Berhad's (KLSE:FACBIND) returns on capital, so let's have a look. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. The formula for this calculation on FACB Industries Berhad is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.031 = RM7.1m ÷ (RM242m - RM7.9m) (Based on the trailing twelve months to September 2024). Therefore, FACB Industries Berhad has an ROCE of 3.1%. In absolute terms, that's a low return and it also under-performs the Consumer Durables industry average of 6.0%. View our latest analysis for FACB Industries Berhad While the past is not representative of the future, it can be helpful to know how a company has performed historically, which is why we have this chart above. If you want to delve into the historical earnings , check out these free graphs detailing revenue and cash flow performance of FACB Industries Berhad. While the ROCE isn't as high as some other companies out there, it's great to see it's on the up. More specifically, while the company has kept capital employed relatively flat over the last five years, the ROCE has climbed 95% in that same time. So it's likely that the business is now reaping the full benefits of its past investments, since the capital employed hasn't changed considerably. On that front, things are looking good so it's worth exploring what management has said about growth plans going forward. As discussed above, FACB Industries Berhad appears to be getting more proficient at generating returns since capital employed has remained flat but earnings (before interest and tax) are up. Since the total return from the stock has been almost flat over the last five years, there might be an opportunity here if the valuation looks good. With that in mind, we believe the promising trends warrant this stock for further investigation. If you'd like to know about the risks facing FACB Industries Berhad, we've discovered 2 warning signs that you should be aware of. For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity. 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
Yahoo
06-02-2025
- Business
- Yahoo
Is Now The Time To Put IOI Properties Group Berhad (KLSE:IOIPG) On Your Watchlist?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. While a well funded company may sustain losses for years, it will need to generate a profit eventually, or else investors will move on and the company will wither away. Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like IOI Properties Group Berhad (KLSE:IOIPG). Now this is not to say that the company presents the best investment opportunity around, but profitability is a key component to success in business. See our latest analysis for IOI Properties Group Berhad Generally, companies experiencing growth in earnings per share (EPS) should see similar trends in share price. That means EPS growth is considered a real positive by most successful long-term investors. IOI Properties Group Berhad's shareholders have have plenty to be happy about as their annual EPS growth for the last 3 years was 42%. Growth that fast may well be fleeting, but it should be more than enough to pique the interest of the wary stock pickers. Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. IOI Properties Group Berhad shareholders can take confidence from the fact that EBIT margins are up from 31% to 76%, and revenue is growing. Both of which are great metrics to check off for potential growth. The chart below shows how the company's bottom and top lines have progressed over time. Click on the chart to see the exact numbers. While we live in the present moment, there's little doubt that the future matters most in the investment decision process. So why not check this interactive chart depicting future EPS estimates, for IOI Properties Group Berhad? It's pleasing to see company leaders with putting their money on the line, so to speak, because it increases alignment of incentives between the people running the business, and its true owners. So it is good to see that IOI Properties Group Berhad insiders have a significant amount of capital invested in the stock. Holding RM242m worth of stock in the company is no laughing matter and insiders will be committed in delivering the best outcomes for shareholders. That's certainly enough to let shareholders know that management will be very focussed on long term growth. While it's always good to see some strong conviction in the company from insiders through heavy investment, it's also important for shareholders to ask if management compensation policies are reasonable. Well, based on the CEO pay, you'd argue that they are indeed. For companies with market capitalisations between RM8.9b and RM28b, like IOI Properties Group Berhad, the median CEO pay is around RM2.4m. The IOI Properties Group Berhad CEO received total compensation of only RM33k in the year to June 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 a culture of integrity, in a broader sense. IOI Properties Group Berhad's earnings per share growth have been climbing higher at an appreciable rate. The sweetener is that insiders have a mountain of stock, and the CEO remuneration is quite reasonable. The drastic earnings growth indicates the business is going from strength to strength. Hopefully a trend that continues well into the future. IOI Properties Group Berhad is certainly doing some things right and is well worth investigating. Before you take the next step you should know about the 3 warning signs for IOI Properties Group Berhad (2 are concerning!) that we have uncovered. There's always the possibility of doing well buying stocks that are not growing earnings and do not have insiders buying shares. But for those who consider these important metrics, we encourage you to check out companies that do have those features. You can access a tailored list of Malaysian companies which have demonstrated growth backed by significant insider holdings. 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
Yahoo
06-02-2025
- Business
- Yahoo
Should You Be Adding Marine & General Berhad (KLSE:M&G) To Your Watchlist Today?
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. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. Loss making companies can act like a sponge for capital - so investors should be cautious that they're not throwing good money after bad. In contrast to all that, many investors prefer to focus on companies like Marine & General Berhad (KLSE:M&G), which has not only revenues, but also profits. While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it. See our latest analysis for Marine & General Berhad In business, profits are a key measure of success; and share prices tend to reflect earnings per share (EPS) performance. So a growing EPS generally brings attention to a company in the eyes of prospective investors. It's an outstanding feat for Marine & General Berhad to have grown EPS from RM0.022 to RM0.072 in just one year. When you see earnings grow that quickly, it often means good things ahead for the company. One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. Marine & General Berhad maintained stable EBIT margins over the last year, all while growing revenue 9.0% to RM356m. That's a real positive. You can take a look at the company's revenue and earnings growth trend, in the chart below. Click on the chart to see the exact numbers. Since Marine & General Berhad is no giant, with a market capitalisation of RM242m, you should definitely check its cash and debt before getting too excited about its prospects. Many consider high insider ownership to be a strong sign of alignment between the leaders of a company and the ordinary shareholders. So we're pleased to report that Marine & General Berhad insiders own a meaningful share of the business. To be exact, company insiders hold 52% of the company, so their decisions have a significant impact on their investments. This makes it apparent they will be incentivised to plan for the long term - a positive for shareholders with a sit and hold strategy. With that sort of holding, insiders have about RM127m riding on the stock, at current prices. So there's plenty there to keep them focused! Marine & General Berhad's earnings per share have been soaring, with growth rates sky high. That sort of growth is nothing short of eye-catching, and the large investment held by insiders should certainly brighten the view of the company. At times fast EPS growth is a sign the business has reached an inflection point, so there's a potential opportunity to be had here. So based on this quick analysis, we do think it's worth considering Marine & General Berhad for a spot on your watchlist. We should say that we've discovered 4 warning signs for Marine & General Berhad (1 makes us a bit uncomfortable!) that you should be aware of before investing here. Although Marine & General 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
