External broker reports(aggregated public sources), Hong Leong Investment Bank Berhad

Hong Leong Investment Bank Berhad

Hong Leong Investment Bank Berhad operates as an investment banking company. The Company provides debt and equity funding, private debt securities issuance, merger and acquisitions, initial public offerings, corporate restructuring, and stockbroking services. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>TRC announced an airport project contract win worth RM358m, lifting its unbilled orderbook by 71% diminishing concerns on rapidly declining orderbook.</li><li>TRC’s estimated orderbook stands at RM861.8m translating to a much improved cover ratio of 1.6x (from 0.8x previously).</li><li>We reckon with infrastructure projects expected to materialise in 2024, TRC could be a beneficiary of this healthier environment. No change to forecasts for now.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

TRC announced an airport project contract win worth RM358m, lifting its unbilled orderbook by 71% diminishing concerns on rapidly declining orderbook.TRC’s estimated orderbook stands at RM861.8m translating to a much improved cover ratio of 1.6x (from 0.8x previously).We reckon with infrastructure projects expected to materialise in 2024, TRC could be a beneficiary of this healthier environment. No change to forecasts for now.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

TRC Synergy Bhd

TRC Synergy - Positive Contract Surprise