Latest news with #BursaMalaysiaBerhad
Malay Mail
02-05-2025
- Business
- Malay Mail
Nine Major Accolades for Kenanga Investment Bank at the Bursa Excellence Awards 2024
From left: Datuk Wira Ismitz Matthew De Alwis, Chief Executive Officer/ Executive Director, Kenanga Investors Berhad; Dato' Fad'l Mohamed, Chief Executive Officer, Non-Independent Executive Director, Bursa Malaysia Berhad ('Bursa Malaysia'); Datuk Lee Kok Khee, Executive Director, Head of Group Equity Business, Kenanga Investment Bank Berhad; Tan Sri Abdul Wahid bin Omar, Chairman, Public Interest Director and Independent Non-Executive Director, Bursa Malaysia; and Azila Abdul Aziz, Chief Executive Officer/ Executive Director & Head of Listed Derivatives, Kenanga Futures Sdn Bhd. Best Retail Equities Participating Organisation (Champion) Best Structured Warrants Issuer (Equity Warrants) (Champion) Best Structured Warrants Issuer (Index Warrants) (Champion) Best Remisier (Champion) – Chu Yee Seng @ Chew Yee Seng Best Overall Derivatives Trading Participant (Champion) Best Trading Participant Commodity Derivatives (Champion) Best Institutional Derivatives Trading Participant (Champion) Best Trading Participant: Equity & Financial Derivatives (Champion) Special Award – Thought Leadership – Eq8 Capital Sdn Bhd KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 2 May 2025 - Kenanga Investment Bank Berhad ("" or "") is proud to be recognised for its market-leading achievements at the prestigious Bursa Excellence Awards 2024 held at St. Regis Kuala Lumpur on 25 April event was graced by Yang Berhormat Puan Lim Hui Ying, Deputy Minister of Finance, and Tan Sri Abdul Wahid bin Omar, Chairman of Bursa Malaysia Berhad. Themed "Advancing Horizons, Celebrating Excellence", the awards celebrated the outstanding achievements of both local and foreign financial institutions for their contributions to the growth of the country's investment landscape in Group was awarded in the following categories:Kenanga's listed derivatives business, Kenanga Futures Sdn Bhd, retained its leading position, once again winning the Champion title for Best Overall Derivatives Trading Participant, a recognition of its consistent performance and market leadership in the derivatives space. The Group's Stockbroking division also continued to reinforce its position as a key player in Malaysia's retail broking industry, clinching the Champion title for Best Retail Equities Participating addition, Kenanga's Group Asset and Wealth Management arm secured the Special Award – Thought Leadership through Eq8 Capital Sdn Bhd, recognised for launching Eq8WAQF, the world's first Waqf-featured Exchange Traded Fund. Introduced under a newly established category, the award highlights meaningful innovations that are reshaping the investment landscape."These awards reflect the strength of our strategy, the resilience of our people, and our steadfast commitment to delivering value to our stakeholders. As we navigate an increasingly dynamic landscape, we remain focused on driving sustainable growth in Malaysia's capital markets," said Datuk Chay Wai Leong, Group Managing Director, Kenanga Investment Bank #Kenanga The issuer is solely responsible for the content of this announcement. Kenanga Investment Bank Berhad (197301002193 (15678-H)) Established for over 50 years, Kenanga Investment Bank Berhad ("The Group") is a leading financial group in Malaysia, offering a wide range of services, including equity broking, investment banking, treasury, Islamic banking, listed derivatives, investment management, wealth management, structured lending, and trade financing. The Group's digital innovations include the launch of KDi GO, a wealth-centric app, along with game-changing products such as Rakuten Trade, Malaysia's first fully digital stockbroking platform, and Kenanga Digital Investing, an A.I. robo-advisor. Kenanga has garnered multiple awards, including top honours at the Bursa Excellence Awards 2023 and The Edge Malaysia Centurion Club 2023. The Group also secured the Top 20 Overall Excellence and the Niche Cap Excellence Award at the National Corporate Governance and Sustainability Awards 2024. As one of the highest- scoring constituents of the FTSE4Good Bursa Malaysia Index and a Participant of the United Nations Global Compact, Kenanga continues to drive collaboration, innovation, and sustainability in the financial more information, please visit
Yahoo
30-04-2025
- Business
- Yahoo
Bursa Malaysia Berhad Just Missed EPS By 6.2%: Here's What Analysts Think Will Happen Next
Bursa Malaysia Berhad (KLSE:BURSA) just released its latest quarterly report and things are not looking great. Results look to have been somewhat negative - revenue fell 4.1% short of analyst estimates at RM184m, and statutory earnings of RM0.085 per share missed forecasts by 6.2%. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year. We've discovered 1 warning sign about Bursa Malaysia Berhad. View them for free. Taking into account the latest results, the current consensus, from the 16 analysts covering Bursa Malaysia Berhad, is for revenues of RM728.4m in 2025. This implies a small 6.5% reduction in Bursa Malaysia Berhad's revenue over the past 12 months. Statutory earnings per share are expected to shrink 9.1% to RM0.34 in the same period. In the lead-up to this report, the analysts had been modelling revenues of RM765.7m and earnings per share (EPS) of RM0.38 in 2025. It's pretty clear that pessimism has reared its head after the latest results, leading to a weaker revenue outlook and a small dip in earnings per share estimates. Check out our latest analysis for Bursa Malaysia Berhad The consensus price target fell 11% to RM8.07, with the weaker earnings outlook clearly leading valuation estimates. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Bursa Malaysia Berhad, with the most bullish analyst valuing it at RM9.33 and the most bearish at RM6.75 per share. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Bursa Malaysia Berhad shareholders. Of course, another way to look at these forecasts is to place them into context against the industry itself. Over the past five years, revenues have declined around 0.3% annually. Worse, forecasts are essentially predicting the decline to accelerate, with the estimate for an annualised 8.5% decline in revenue until the end of 2025. Compare this against analyst estimates for companies in the broader industry, which suggest that revenues (in aggregate) are expected to grow 7.4% annually. So while a broad number of companies are forecast to grow, unfortunately Bursa Malaysia Berhad is expected to see its revenue affected worse than other companies in the industry. The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business. With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Bursa Malaysia Berhad going out to 2027, and you can see them free on our platform here.. However, before you get too enthused, we've discovered 1 warning sign for Bursa Malaysia 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. Sign in to access your portfolio
Yahoo
29-04-2025
- Business
- Yahoo
Bursa Malaysia Berhad First Quarter 2025 Earnings: Misses Expectations
Revenue: RM184.4m (down 1.2% from 1Q 2024). Net income: RM68.4m (down 8.8% from 1Q 2024). Profit margin: 37% (down from 40% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. EPS: RM0.32. Our free stock report includes 1 warning sign investors should be aware of before investing in Bursa Malaysia Berhad. Read for free now. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 6.2%. Looking ahead, revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Capital Markets industry in Asia. Performance of the market in Malaysia. The company's shares are down 3.7% from a week ago. Before we wrap up, we've discovered 1 warning sign for Bursa Malaysia 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. Sign in to access your portfolio
Yahoo
29-04-2025
- Business
- Yahoo
Bursa Malaysia Berhad First Quarter 2025 Earnings: Misses Expectations
Revenue: RM184.4m (down 1.2% from 1Q 2024). Net income: RM68.4m (down 8.8% from 1Q 2024). Profit margin: 37% (down from 40% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. EPS: RM0.32. Our free stock report includes 1 warning sign investors should be aware of before investing in Bursa Malaysia Berhad. Read for free now. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 6.2%. Looking ahead, revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Capital Markets industry in Asia. Performance of the market in Malaysia. The company's shares are down 3.7% from a week ago. Before we wrap up, we've discovered 1 warning sign for Bursa Malaysia 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.
Yahoo
11-03-2025
- Business
- Yahoo
Bursa Malaysia Berhad (KLSE:BURSA) down to RM6.0b market cap, but institutional owners may not be as affected after a year of 5.8% returns
Institutions' substantial holdings in Bursa Malaysia Berhad implies that they have significant influence over the company's share price The top 7 shareholders own 51% of the company Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business A look at the shareholders of Bursa Malaysia Berhad (KLSE:BURSA) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are institutions with 40% ownership. Put another way, the group faces the maximum upside potential (or downside risk). Institutional investors was the group most impacted after the company's market cap fell to RM6.0b last week. However, the 5.8% one-year return to shareholders might have softened the blow. We would assume however, that they would be on the lookout for weakness in the future. In the chart below, we zoom in on the different ownership groups of Bursa Malaysia Berhad. Check out our latest analysis for Bursa Malaysia Berhad Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. As you can see, institutional investors have a fair amount of stake in Bursa Malaysia Berhad. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Bursa Malaysia Berhad, (below). Of course, keep in mind that there are other factors to consider, too. Hedge funds don't have many shares in Bursa Malaysia Berhad. Capital Market Development Fund is currently the company's largest shareholder with 19% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 12% and 11%, of the shares outstanding, respectively. We did some more digging and found that 7 of the top shareholders account for roughly 51% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our information suggests that Bursa Malaysia Berhad insiders own under 1% of the company. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. It's a big company, so even a small proportional interest can create alignment between the board and shareholders. In this case insiders own RM23m worth of shares. It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling. The general public, who are usually individual investors, hold a 39% stake in Bursa Malaysia Berhad. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. We can see that Private Companies own 19%, of the shares on issue. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Be aware that Bursa Malaysia Berhad is showing 1 warning sign in our investment analysis , you should know about... But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. 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.
