Analysts predict a rerating to a forward PE of 36.5x, potentially raising the share price to RM3.12 from the current target price of RM2.60, based on historical trends observed with similar companies (e.g., Nestle, QL Resources).
https://www.minichart.com.sg/2024/12/15/top-malaysian-stocks-poised-for-explosive-growth-and-dividends-in-2025-dont-miss-these-opportunities/

Top Malaysian Stocks Poised for Explosive Growth and Dividends in 2025: Don’t Miss These Opportunities!
https://www.minichart.com.sg/2024/12/15/top-malaysian-stocks-poised-for-explosive-growth-and-dividends-in-2025-dont-miss-these-opportunities/

https://www.minichart.com.sg/category/ipo/

TA Research has evaluated TOPVISION’s IPO, noting that at the issue price of RM0.33 per share, the company is valued at a trailing P/E ratio of 21.2x based on FY2023 earnings per share. They have assigned a target P/E of 22.0x on projected FY2025 earnings, resulting in a fair value estimate of RM0.39 per share.

Tex Cycle Technology Malaysia (0089) – Anticipating Further Upside
https://www.minichart.com.sg/2024/12/06/malaysia-stock-market-outlook-key-trends-and-top-picks-for-december-2024/

Pekat Group (0233) – A Technical Buy Opportunity
https://www.minichart.com.sg/2024/12/06/malaysia-stock-market-outlook-key-trends-and-top-picks-for-december-2024/

Malaysia Alpha Picks: Top 10 Stocks for December 2024 Window Dressing Opportunities:
https://www.minichart.com.sg/2024/12/04/malaysia-alpha-picks-top-10-stocks-for-december-2024-window-dressing-opportunities/

Malaysia Alpha Picks: Top 10 Stocks for December 2024 Window Dressing Opportunities:
https://www.minichart.com.sg/2024/12/04/malaysia-alpha-picks-top-10-stocks-for-december-2024-window-dressing-opportunities/

https://www.investingnote.com/stocks/BURSA:3859#/all

Magnum is currently trading at attractive valuations, close to pandemic lows, with a projected 2025 PE of 10x, below the NFO sector’s five-year mean of 12-13x. These valuations, combined with the company’s low beta, defensive business nature, and steady cash flow, make it appealing to risk-averse investors. The company’s earnings resilience and prospective dividend yields of 6.2-8% in 2024-25 further enhance its attractiveness.

A potential monetization of Magnum’s stake in U-Mobile, anticipated as early as 1H25, serves as a key re-rating catalyst