WPRTS Stock Forum

Malaysia's port sector is experiencing significant growth driven by increasing trade volumes and strategic investments aimed at enhancing capacity and infrastructure. Here’s an overview of the current landscape, key projects, and future prospects for Malaysian ports:-
Key Ports and Current Performance
Port Klang: As one of Malaysia's largest ports, Port Klang recorded its highest container handling volume in hist...

Good morning mooers! Here are things you need to know about today's market:
●US Stock Market Rallies on Fed's Rate Decision, Apple's Earnings, and Strong Jobs Data; S&P 500, Dow Jones, and Nasdaq Post Weekly Gains
●Strengthening ESG Reporting Accountability Boosts Corporate Credibility
●Malaysia's 2024 Gold Jewelry Exports Expected to Grow 15%
●Bursa Malaysia Expected to Show Steady Trading with Upsid...

Good morning mooers! Here are things you need to know about today's market:
●Nvidia and Netflix Fuel Tech Stock Sell-Off, Nasdaq Falls 2.05%
●Palm Oil Prices Expected to Be Bearish Due to Weak Soybean Prices
●Bursa Malaysia Expected to Be in Consolidation Mode This Week
●Stocks to watch: Sime Darby Property, MISC
-moomoo News MY
Wall Street Summary
Nvidia and Netflix fueled a sell-off in tech ...

RHB Research sees non-bank financial sector's valuations aligning with fundamentals. Maybank Investment Bank Group Research views Axiata's net profit recovery and balance sheet repair as potential rerating catalysts. AmInvestment Bank Research is cautiously optimistic about Westports' future. Hong Leong Investment Bank Research expects TRC to benefit from anticipated 2024 infrastructure projects.

CGS-CIMB Research suggests reducing exposure to Westports due to current uncertainties. The firm downgraded Westports given its significant capital commitment for W2 and potential cost inflation and overruns risks.

With sustained intra-Asia trade growth, more foreign investments in Malaysia, and expansion of container terminals, Maybank IB Research projects a bright future for Westports Holdings. A 30% increase in container tariffs in FY27, along with a steady 1%-2% annual growth for container throughput, has been estimated.

Good morning mooers! Here are things you need to know about today's market:
●US stocks boosted by payrolls and inflation expectations in last Friday
●Glove makers set to bounce back in 2024
●Stocks to watch: Westports, YTL Power
-moomoo News MY
Wall Street Summary
US stocks rose as the job market remained resilient. Consumer expectations also added to signs that prices are cooling ...

Kenanga Research forecasts Westports Holdings Bhd seeing continuous container volume growth, at 6% in FY2023 and 4% in FY2024. They also expect that the company's performance will be significantly driven by the completion of the Westports 2 expansion project in December.

Good morning mooers! Here are things you need to know about today's market:
●S&P 500 snaps longest win streak in two years after Powell speech
●Wholesale, retail trade sales up 6.5% in September to RM142.7bil
●Stocks to watch: Westports
-moomoo News MY
Wall Street Summary
U.S. stocks set new session lows in the final hour of trade Thursday, after a poor Treasury auction and Federal Reserve Chair Jerome Powell said higher interest rat...

Good morning mooers! Here are things you need to know about today's market:
●Wall Street ends mixed, the tech-heavy Nasdaq climbed 0.1%
●Local EPCC solar players direct beneficiaries of NETR
●Stocks to watch: Malayan Banking, CIMB, Hong Leong Bank
-moomoo News MY
Wall Street Summary
A late-August rally lost some sizzle Thursday, sapping major stock indexes of momentum as they enter a month that is traditionally their weakest of the ye...