Initiation
Greenfield, Green-Steam
GENERGY will raise RM75m from the IPO, of which we estimate 70% will be directly supporting earnings growth - acquisitions and selected capex.
Buy
Results
4QFY25 - Meeting Expectations
LSH continues to build a track record of sustained high-margin construction earnings.
DESTINI
Missed deadline resurfaces old concerns
Regulators will suspend Destini on 10 Nov for missing the 31 Oct deadline for issuing the FY25 audited accounts and annual report.
Strategy
3Q25: M&A's in focus
Management provided more clarity on potential M&A opportunities, with 3 deals being explored.
FRONTKEN
Exceptional Underlying Growth
Stock information FRONTKEN FRONTKEN - MYX 0128 BUY (as at Aug 05, 2025) Target price: RM4.80 Last price: RM4.35 Market cap: RM6,894m Shares out: 1,585m 52w range: RM2.63 / RM4.59 3M ADV: RM13m T12M returns: -5% Disclaimer: By using this information, you acknowledge that you
DESTINI
Improving collections, a dividend likely
Improving cash flows were a key signpost to continue rehabilitating market perception of Destini, on the back of a 4th quarter in the black.
Initiation
Secular Drivers Trump Cyclical Slump
FRCB is the best positioned to weather Trump’s tariff uncertainties and potentially benefit it, if it can follow TSMC to Arizona.
DESTINI
A Rail Turnaround
Destini has already delivered 3 quarters in the black after aggressively kitchen sinking i18M24 (ended June), that saw heavy impairments and exit/disposal from problematic segments/subsidiaries.