Merdeka Copper Gold (MDKA IJ) - Fully Charged Commodity Play
Merdeka Copper Gold (MDKA IJ) provides a well-rounded exposure to gold and copper, where it has significant expansion plans in place for both...
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Merdeka Copper Gold - 1H24 Earnings Miss, a Potential Breakeven in FY24
MDKA managed a net profit of US$2.7mn from its nickel and gold operations, but we expect to see further weakness in 3Q24 earnings.
449 Views
MMG (1208 HK): Rights Trade Playbook
The rights start trading on 24 June. We expect MMG shares to claw back some losses over the rights trading period, particularly towards the end.
585 Views
Merdeka Copper Gold - Lowering Our FY24-25F Estimates on Higher Interest Expenses
We slash our FY24-25F net profit estimates by -74%/-62% to reflect higher-than-expected interest expenses and the 1Q24 net loss.
399 Views
MMG (1208 HK): US$1.2bn Highly Dilutive Rights Issue
The rights price is HK$2.62, a 24.7% discount to the TERP. Precedents suggest that MMG shares should continue to decline heading into the ex-rights...
664 Views