Company Name: CRESCENDO CORPORATION BHD
Research House: TA | Price Call: SELL | Target Price: 2.35 |
This Blog provides Price Targets from Research House covering companies listed in the Bursa Malaysia stock market exchange. You can search and find all the past Price Targets of companies by searching within this Blog. Please note that the Price Targets are provided from various Research Houses for reference purpose only. They do not constitute a Buy or Sell recommendation.
Research House: TA | Price Call: SELL | Target Price: 2.35 |
Research House: MIDF | Price Call: BUY | Target Price: 10.70 |
Research House: TA | Price Call: BUY | Target Price: 7.83 |
Research House: MIDF | Price Call: BUY | Target Price: 1.72 |
Research House: TA | Price Call: BUY | Target Price: 0.735 |
Research House: TA | Price Call: BUY | Target Price: 7.83 |
Research House: MIDF | Price Call: BUY | Target Price: 4.80 |
Research House: MIDF | Price Call: BUY | Target Price: 2.74 |
Research House: ALLIANCE | Price Call: BUY | Target Price: 4.10 |
ALLIANCE DBS Research is maintaining a "buy" rating on SP Setia Bhd, with a target price of RM4.10, following its commendable fourth quarter results.
SP Setia reported fourth quarter earnings of RM131 million, a 27 per cent increase quarter-on-quarter and a three per cent rise year-on-year, taking its 2014 financial year earnings to RM406 million.
"The higher-than-anticipated 4QFY14 earnings were largely due to the strong turnaround of its construction division as well as higher profit recognition from completed projects," said the research house.
SP Setia achieved RM4.6 billion in property sales in FY14, with RM1.2 billion from its Battersea Power Station project and RM2.1 billion from Malaysian projects, it said.
Affin Hwang Research has maintained its "reduce" call on SP Setia, with a lower target price of RM2.78.
"We have lowered our FY15-FY16 estimation earnings forecasts by 6.1 per cent and 2.3 per cent, respectively, after updating FY10/14 figures and assuming a higher associate loss.
"Although we like SP Setia for its strategic landbank and high unbilled sales of RM11 billion, we opine that the persistent uncertainty over the group's strategic direction and leadership transition will lead to further exodus of talent," it said.
Hong Leong Investment Bank Research has kept its "hold" call on SP Setia, with target price unchanged at RM3.45, believing the property market will remain weak next year. Bernama
Research House: MIDF | Price Call: BUY | Target Price: 5.41 |
Research House: JF APEX | Price Call: BUY | Target Price: 5.35 |
Research House: JF APEX | Price Call: HOLD | Target Price: 2.10 |
Research House: MIDF | Price Call: BUY | Target Price: 4.37 |
Research House: NETRESEARCH | Price Call: BUY | Target Price: 0.78 |
Research House: TA | Price Call: HOLD | Target Price: 4.70 |
Research House: TA | Price Call: BUY | Target Price: 6.90 |
Research House: MIDF | Price Call: BUY | Target Price: 7.20 |
Research House: JF APEX | Price Call: BUY | Target Price: 7.66 |
Research House: TA | Price Call: BUY | Target Price: 5.40 |
Research House: TA | Price Call: SELL | Target Price: 6.87 |
Research House: TA | Price Call: SELL | Target Price: 6.61 |
Research House: TA | Price Call: SELL | Target Price: 4.35 |
Research House: MIDF | Price Call: BUY | Target Price: 3.70 |
Research House: ALLIANCE | Price Call: HOLD | Target Price: 1.65 |
ALLIANCE DBS Research has maintained a "hold" call on Deleum Bhd with a lower target price of RM1.65 from RM1.90 previously, following the broad oil and gas sector's de-rating.
In a note, the research house said this was because Deleum has a 50 per cent dividend payout policy, which at the current share price implied an attractive 5.3 per cent yield.
"Deleum has resilient earnings with RM3.8 billion orderbook. We expect crude price to hold at between US$70 and US$80 (RM243 and RM278) per barrel next year versus our previous assumption of US$95, but there will be minimal impact on Deleum's earnings," the research house said.
The key contracts in Deleum's RM3.8 billion orderbook were the 10-year service agreement for turbomachinery services involving small gas turbines and a five-year well maintenance contract to provide slickline services, it said. Bernama
Research House: WILSON & YORK | Price Call: HOLD | Target Price: 17.08 |
Research House: WILSON & YORK | Price Call: HOLD | Target Price: 2.80 |
Research House: TA | Price Call: HOLD | Target Price: 1.50 |
Research House: TA | Price Call: BUY | Target Price: 1.10 |
Research House: NETRESEARCH | Price Call: HOLD | Target Price: 5.40 |
Research House: NETRESEARCH | Price Call: HOLD | Target Price: 6.20 |
Research House: TA | Price Call: HOLD | Target Price: 2.52 |
Research House: TA | Price Call: BUY | Target Price: 3.01 |
Research House: TA | Price Call: HOLD | Target Price: 4.57 |
Research House: MIDF | Price Call: HOLD | Target Price: 2.50 |
Research House: MIDF | Price Call: BUY | Target Price: 2.00 |
Research House: MIDF | Price Call: HOLD | Target Price: 7.30 |
Research House: MIDF | Price Call: HOLD | Target Price: 5.13 |
Research House: MIDF | Price Call: HOLD | Target Price: 20.04 |
Research House: TA | Price Call: HOLD | Target Price: 7.30 |
Research House: TA | Price Call: SELL | Target Price: 19.27 |
Research House: TA | Price Call: SELL | Target Price: 2.52 |
Research House: JF APEX | Price Call: HOLD | Target Price: 22.00 |
Research House: MIDF | Price Call: HOLD | Target Price: 2.15 |
Research House: TA | Price Call: HOLD | Target Price: 23.25 |
Research House: TA | Price Call: SELL | Target Price: 13.55 |
Research House: NETRESEARCH | Price Call: HOLD | Target Price: 2.00 |
Research House: TA | Price Call: BUY | Target Price: 6.70 |
Research House: JF APEX | Price Call: HOLD | Target Price: 6.70 |
Research House: MIDF | Price Call: HOLD | Target Price: 3.84 |
Research House: TA | Price Call: HOLD | Target Price: 12.92 |
Research House: TA | Price Call: BUY | Target Price: 3.50 |
Research House: TA | Price Call: SELL | Target Price: 1.99 |
Research House: MIDF | Price Call: HOLD | Target Price: 3.76 |
Research House: JF APEX | Price Call: HOLD | Target Price: 2.20 |
Research House: MIDF | Price Call: HOLD | Target Price: 63.49 |
Research House: TA | Price Call: BUY | Target Price: 3.48 |
Research House: MIDF | Price Call: HOLD | Target Price: 2.32 |
Research House: MIDF | Price Call: HOLD | Target Price: 7.53 |
Research House: TA | Price Call: BUY | Target Price: 15.90 |
Research House: MIDF | Price Call: HOLD | Target Price: 14.23 |
Research House: JF APEX | Price Call: BUY | Target Price: 3.90 |
Research House: TA | Price Call: SELL | Target Price: 6.96 |
Research House: MIDF | Price Call: BUY | Target Price: 2.59 |
Research House: MIDF | Price Call: HOLD | Target Price: 3.84 |
Research House: MIDF | Price Call: HOLD | Target Price: 7.27 |
Research House: JF APEX | Price Call: BUY | Target Price: 2.57 |
Research House: MIDF | Price Call: BUY | Target Price: 5.45 |
Research House: MIDF | Price Call: HOLD | Target Price: 7.27 |
Research House: TA | Price Call: BUY | Target Price: 6.21 |
Research House: ZJ | Price Call: HOLD | Target Price: 2.05 |
Research House: TA | Price Call: SELL | Target Price: 7.49 |
Research House: MIDF | Price Call: HOLD | Target Price: 19.50 |
Research House: TA | Price Call: SELL | Target Price: 18.30 |
Research House: TA | Price Call: BUY | Target Price: 1.65 |
Research House: TA | Price Call: SELL | Target Price: 6.90 |
Research House: TA | Price Call: BUY | Target Price: 1.72 |
Research House: MIDF | Price Call: HOLD | Target Price: 4.61 |
Research House: JF APEX | Price Call: BUY | Target Price: 1.14 |
Research House: MIDF | Price Call: BUY | Target Price: 2.59 |
Research House: MIDF | Price Call: HOLD | Target Price: 12.40 |
Research House: JF APEX | Price Call: HOLD | Target Price: 5.20 |
Research House: TA | Price Call: HOLD | Target Price: 7.17 |
Research House: TA | Price Call: SELL | Target Price: 6.90 |
Research House: MIDF | Price Call: HOLD | Target Price: 1.60 |
Research House: TA | Price Call: SELL | Target Price: 7.82 |
Research House: JF APEX | Price Call: HOLD | Target Price: 7.00 |
Research House: MIDF | Price Call: HOLD | Target Price: 5.00 |
Research House: ALLIANCE | Price Call: HOLD | Target Price: 2.95 |
Research House: TA | Price Call: SELL | Target Price: 2.00 |
Research House: TA | Price Call: SELL | Target Price: 0.40 |
Research House: TA | Price Call: BUY | Target Price: 4.51 |
Research House: MIDF | Price Call: HOLD | Target Price: 3.75 |
Research House: MIDF | Price Call: BUY | Target Price: 5.55 |
Research House: MIDF | Price Call: BUY | Target Price: 2.02 |
Research House: MIDF | Price Call: BUY | Target Price: 4.37 |
Research House: MIDF | Price Call: HOLD | Target Price: 0.99 |
Research House: MIDF | Price Call: BUY | Target Price: 2.84 |
Research House: TA | Price Call: SELL | Target Price: 68.00 |
Research House: TA | Price Call: SELL | Target Price: 0.95 |
Research House: TA | Price Call: BUY | Target Price: 4.82 |
Research House: TA | Price Call: HOLD | Target Price: 4.21 |
Research House: TA | Price Call: BUY | Target Price: 2.98 |
Research House: WILSON & YORK | Price Call: HOLD | Target Price: 2.60 |
Research House: WILSON & YORK | Price Call: HOLD | Target Price: 16.88 |
Research House: MAYBANK | Price Call: BUY | Target Price: 3.70 |
MAYBANK Investment Bank (Maybank IB) has revised upwards TSH Resources Bhd's valuation to "buy" from "hold" after the company's first-half performance outperformed the investment bank's expectation.
The bank also increased TSH's target price to RM3.70 from RM3.40 previously.
Maybank IB said TSH's second quarter core net profit surged 107 per cent to RM45 million year-on-year (YoY), bringing the first half core net profit to RM85 million or 59 per cent of the bank's full-year estimates.
The bank said the better-than-expected performance was mainly attributed to lower-than-expected cost of production per tonne and above expectation fresh fruit bunches (FFB) output (up four per cent quarter-on-quarter and 34 per cent YoY), driven by its young Indonesian estates.
Also contributing to the better results was the lower-than-expected tax expense due to tax incentives in respect of its pioneer and bionexus status, it said.
Maybank IB said TSH's first half FFB output growth of 28 per cent YoY was significantly above the bank's 2014 growth forecast of 20 per cent.
"Buoyed by its young tree age profile, TSH will deliver strong double-digit production growth, buffering weakness in crude palm oil price," it said. Bernama
Research House: MIDF | Price Call: BUY | Target Price: 3.81 |
Research House: TA | Price Call: HOLD | Target Price: 1.70 |
Research House: MIDF | Price Call: BUY | Target Price: 3.90 |
Research House: TA | Price Call: SELL | Target Price: 0.38 |
Research House: TA | Price Call: HOLD | Target Price: 2.36 |
Research House: MIDF | Price Call: BUY | Target Price: 4.51 |
Research House: NETRESEARCH | Price Call: BUY | Target Price: 1.70 |
Research House: TA | Price Call: SELL | Target Price: 2.42 |
Research House: MIDF | Price Call: HOLD | Target Price: 3.94 |
Research House: MIDF | Price Call: HOLD | Target Price: 2.50 |
Research House: TA | Price Call: SELL | Target Price: 2.49 |
Research House: MIDF | Price Call: HOLD | Target Price: 3.70 |
Research House: MIDF | Price Call: HOLD | Target Price: 2.17 |
Research House: MIDF | Price Call: BUY | Target Price: 2.16 |
Research House: MIDF | Price Call: BUY | Target Price: 6.05 |
Research House: MIDF | Price Call: HOLD | Target Price: 2.20 |
Research House: TA | Price Call: BUY | Target Price: 1.83 |
Research House: TA | Price Call: HOLD | Target Price: 13.69 |
Research House: MIDF | Price Call: HOLD | Target Price: 4.70 |
Research House: MIDF | Price Call: HOLD | Target Price: 6.10 |
Research House: TA | Price Call: HOLD | Target Price: 7.30 |
Research House: TA | Price Call: SELL | Target Price: 18.73 |
Research House: TA | Price Call: SELL | Target Price: 22.70 |
Research House: NETRESEARCH | Price Call: HOLD | Target Price: 0.07 |
Research House: MIDF | Price Call: HOLD | Target Price: 21.38 |
Research House: MIDF | Price Call: BUY | Target Price: 2.84 |
Research House: MIDF | Price Call: HOLD | Target Price: 18.70 |
Research House: TA | Price Call: BUY | Target Price: 6.61 |
Research House: TA | Price Call: SELL | Target Price: 18.71 |
Research House: TA | Price Call: BUY | Target Price: 0.55 |
Research House: MIDF | Price Call: BUY | Target Price: 5.45 |
Research House: MIDF | Price Call: TRADING BUY | Target Price: 7.10 |
Research House: MIDF | Price Call: SELL | Target Price: 2.78 |
Research House: TA | Price Call: HOLD | Target Price: 7.30 |
Research House: TA | Price Call: SELL | Target Price: 3.72 |
Research House: NETRESEARCH | Price Call: BUY | Target Price: 1.38 |
Research House: TA | Price Call: HOLD | Target Price: 0.76 |
Research House: TA | Price Call: SELL | Target Price: 19.00 |
Research House: TA | Price Call: SELL | Target Price: 7.82 |
Research House: JF APEX | Price Call: BUY | Target Price: 2.57 |
Research House: MIDF | Price Call: HOLD | Target Price: 7.80 |
Research House: MIDF | Price Call: HOLD | Target Price: 4.61 |
Research House: MIDF | Price Call: HOLD | Target Price: 8.02 |
Research House: MIDF | Price Call: BUY | Target Price: 2.16 |
Research House: MIDF | Price Call: HOLD | Target Price: 19.60 |
Research House: JF APEX | Price Call: HOLD | Target Price: 1.14 |
Research House: MIDF | Price Call: HOLD | Target Price: 7.80 |
Research House: MIDF | Price Call: HOLD | Target Price: 4.61 |
Research House: MIDF | Price Call: HOLD | Target Price: 2.95 |
Research House: TA | Price Call: SELL | Target Price: 63.09 |
Research House: TA | Price Call: HOLD | Target Price: 2.31 |
Research House: JF APEX | Price Call: HOLD | Target Price: 6.50 |
Research House: MIDF | Price Call: BUY | Target Price: 2.88 |
Research House: ZJ | Price Call: HOLD | Target Price: 2.62 |
Research House: MIDF | Price Call: HOLD | Target Price: 3.81 |
Research House: TA | Price Call: SELL | Target Price: 8.09 |
Research House: TA | Price Call: BUY | Target Price: 14.37 |
Research House: MIDF | Price Call: HOLD | Target Price: 12.40 |
Research House: ZJ | Price Call: BUY | Target Price: 0.72 |
Research House: NETRESEARCH | Price Call: BUY | Target Price: 4.20 |
Research House: MIDF | Price Call: BUY | Target Price: 2.26 |
Research House: TA | Price Call: BUY | Target Price: 5.80 |
Research House: MIDF | Price Call: HOLD | Target Price: 6.79 |
Research House: TA | Price Call: BUY | Target Price: 0.77 |
Research House: MIDF | Price Call: BUY | Target Price: 9.50 |
Research House: MIDF | Price Call: BUY | Target Price: 2.16 |
Research House: TA | Price Call: BUY | Target Price: 9.03 |
Research House: ALLIANCE | Price Call: HOLD | Target Price: 2.90 |
Research House: TA | Price Call: HOLD | Target Price: 0.76 |
Research House: TA | Price Call: SELL | Target Price: 2.30 |
Research House: JF APEX | Price Call: HOLD | Target Price: 2.57 |
Research House: TA | Price Call: BUY | Target Price: 1.22 |
Research House: TA | Price Call: BUY | Target Price: 0.55 |
Research House: MIDF | Price Call: BUY | Target Price: 2.16 |
Research House: MIDF | Price Call: BUY | Target Price: 5.59 |
Research House: TA | Price Call: HOLD | Target Price: 1.13 |
Research House: MIDF | Price Call: HOLD | Target Price: 3.84 |
Research House: MIDF | Price Call: BUY | Target Price: 1.14 |
Research House: MIDF | Price Call: HOLD | Target Price: 2.88 |
Research House: MIDF | Price Call: BUY | Target Price: 5.70 |
Research House: TA | Price Call: HOLD | Target Price: 4.34 |
Research House: TA | Price Call: SELL | Target Price: 4.75 |