Latest news with #RM4.69
BusinessToday
25-06-2025
- Business
- BusinessToday
Stock Today: Slow Climb For Sunway As Trading Interest Holds
Shares of Sunway Bhd rose slightly to RM4.69 in active afternoon trading, up 0.64% or 3 sen from the previous close, as investors digested recent updates on the group's healthcare expansion and earnings outlook. At 3.20pm, the counter saw a trading volume of 3.7 million shares, with prices fluctuating between RM4.67 and RM4.74 during the day. Buy and sell queues were relatively balanced, with more than 200,000 shares on the buy side and over 790,000 on the sell side. The modest uptick comes amid a reaffirmed neutral call from MIDF Research, which maintained its target price at RM4.86. While Sunway's healthcare segment is expected to benefit from upcoming EPF Account 2 withdrawal policies for health insurance, analysts said the stock's near-term upside is limited. The research house also highlighted that the group's strong FY24 performance driven by Singapore contributions is likely to normalise in FY25, with healthcare profit before tax share declining due to startup and pre-operational costs at new hospitals. Still, with ongoing hospital developments in Putrajaya and planned expansion to 3,000 beds by 2030, investors appear cautiously optimistic, keeping the stock in focus as a long-term growth play. Related
New Straits Times
19-05-2025
- Business
- New Straits Times
George Kent posts RM18.98mil profit in Q4, reverses losses a year ago
KUALA LUMPUR: George Kent (Malaysia) Bhd returned to the black with a net profit of RM18.98 million in the fourth quarter ended March 31, 2025 (4Q25) against a net loss of RM28.57 million a year ago, on the back of higher revenue. Its revenue for the quarter increased to RM38.13 million from RM30.66 million previously. As a result, the company registered an earnings per share of 3.64 sen against a loss per share of 5.47 sen in 4Q24. For the full year of FY25, George Kent recorded a net profit of RM4.69 million from a net loss of RM25.75 million a year ago, while revenue increased to RM137.86 million from RM134.45 million previously. The company declared a second interim dividend of 0.75 sen per share for FY25, payable on July 1. On a segmental basis, George Kent said its metering division delivered steady performance with 4Q25 revenue of RM31.53 million, supported by resilient domestic demand and improvement in international markets. The company is gaining momentum in Latin America, leveraging the region's increasing emphasis on smart infrastructure and efficient water management. The company noted that these developments are well aligned with its proven metering capabilities and innovation-driven roadmap. Meanwhile, its engineering division marked a strong recovery, driven by the commencement of two new infrastructure projects. George Kent continues to be optimistic about the division's prospects, actively pursuing opportunities in rail and water infrastructure, supported by its proven track record and execution capabilities. Executive chairman Tan Sri Tan Kay Hock said the company continue to focus on expanding into new markets, driving innovation across business segments and strengthening its regional footprint to support long-term sustainable growth. While global trade tensions and tariff discussions persist, he said the company does not foresee any impact due to its diversified regional strategy. He added that the company's expansion into Southeast Asia and Latin America has helped it to build a resilient business model and sustain growth momentum despite macroenonomic uncertainties. "Technology remains a key pillar of our long-term growth strategy. During the quarter, we established GK SuperTech Sdn Bhd, our wholly-owned subsidiary, to spearhead high-techonology and artificial intelligence initiatives. "With over a decade of expertise in automated metre reading (AMR), GK SuperTech will harness AI to enhance connectivity and operational efficiency across industries such as telecommunications, metering solutions, and other critical applications," he said.
Yahoo
19-02-2025
- Business
- Yahoo
Should You Investigate Malayan Cement Berhad (KLSE:MCEMENT) At RM4.69?
Malayan Cement Berhad (KLSE:MCEMENT), is not the largest company out there, but it received a lot of attention from a substantial price movement on the KLSE over the last few months, increasing to RM5.05 at one point, and dropping to the lows of RM4.57. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Malayan Cement Berhad's current trading price of RM4.69 reflective of the actual value of the small-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Malayan Cement Berhad's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. See our latest analysis for Malayan Cement Berhad Malayan Cement Berhad appears to be expensive according to our price multiple model, which makes a comparison between the company's price-to-earnings ratio and the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. We find that Malayan Cement Berhad's ratio of 13.29x is above its peer average of 10.92x, which suggests the stock is trading at a higher price compared to the Basic Materials industry. Another thing to keep in mind is that Malayan Cement Berhad's share price is quite stable relative to the rest of the market, as indicated by its low beta. This means that if you believe the current share price should move towards the levels of its industry peers over time, a low beta could suggest it is not likely to reach that level anytime soon, and once it's there, it may be hard for it to fall back down into an attractive buying range again. Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. Malayan Cement Berhad's earnings growth are expected to be in the teens in the upcoming years, indicating a solid future ahead. This should lead to robust cash flows, feeding into a higher share value. Are you a shareholder? MCEMENT's optimistic future growth appears to have been factored into the current share price, with shares trading above industry price multiples. However, this brings up another question – is now the right time to sell? If you believe MCEMENT should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed. Are you a potential investor? If you've been keeping an eye on MCEMENT for a while, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the optimistic prospect is encouraging for MCEMENT, which means it's worth diving deeper into other factors in order to take advantage of the next price drop. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. In terms of investment risks, we've identified 1 warning sign with Malayan Cement Berhad, and understanding it should be part of your investment process. If you are no longer interested in Malayan Cement Berhad, you can use our free platform to see our list of over 50 other stocks with a high growth potential. 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
