How much is Ranhill net debts can some1 share? Why TS Hamdan stop buying? ______ Gambler and investor is different , maybe a gambler like fast money buy luxury sport cars !
U can refer back my rec in i3 forum , gtronics ,dnex ,vstecs , ranhill , swift haulage , iwcity , u must have holding power if u want follow my rec ! MBSB this kind of stock wont bring you huge gains in the future ! Just my personel opinion if any wrong ! Many people in i3 forum always mocks and humiliates me with rude words , is your choice to believe me or not ! Dnex will bring huge gains to u !
AmInvest Research Reports Stock on Radar - Ranhill Utilities
AmInvest Publish date: Thu, 27 Apr 2023, 09:47 AM
We expect further upside for Ranhill Utilities after it pushed above the RM0.60 psychological mark and hit a new 52-week high yesterday. Given that the stock has broken out from the 1-week bullish pennant pattern, the uptrend may continue in the near term. A bullish bias may emerge above the RM0.60 level, with a stop-loss set at RM0.56, below the 17 April low. Towards the upside, the near-term resistance level is seen at RM0.70, followed by RM0.73.
This is utility company for dividend collection. 5% drop is to adjust the speculation last few day. Not a big deal in long run... Let's it slowly move up with good profit Q To Q
Ranhill already back to their peak with high divy ! If include all the new projects n new tariff i think can get 10% diyv with this undervalue 5x sens ! This stock minimum worth rm 1.20
KUALA LUMPUR: RHB Research has reduced Ranhill Utilities Bhd's profit projections for the fiscal years 2023 to 2025 (FY23F-FY24F) by 11 per cent, nine per cent, and nine per cent as it adjusts its assumptions upward.
The investment bank said it expects stronger earnings in the coming quarters due to recognition of backdated billings of the water tariff hike from August to December 2022 in the first half of 2023 (1H23), as well as increased recognition of its engineering services projects such as the RM210 million detailed engineering design job for Saipem in Qatar.
It added that moving forward, prospects for Ranhill include the Indonesian Djuanda source-to-tap water project, whereby the company-led consortium may participate in a public tender via initiator status once feasibility studies are approved.
"Rerating catalysts include a potential boost in FY23F dividend payout if Ranhill partly utilises cash proceeds from the non-revenue water reduction incentive in FY22, coupled with opportunities to participate in more power plant projects in Sabah, with 200 megawatts (MW) of generating capacity expected to come on stream in 2024 and 2025.
"Ranhill has two existing combined-cycle gas turbine (CCGT) power plants with a capacity of 190 MW, in addition to the latest bid secured in March for a 100 MW CCGT on Sabah's West Coast," it said in a note today.
Meanwhile, RHB Research said Ranhill's first quarter ended March 31, 2023 (1Q23) core profit of RM11.1 million, which was an increase of 61 per cent year-on-year (y-o-y) was below its estimates but met Street's – making up 19 per cent and 21 per cent of full year projections, respectively.
It added that the negative deviation was partly due to a higher-than-expected cost of sales.
RHB Research has maintained a "Buy" call on Ranhill, with a new sum of parts (SOP)-derived target price of RM0.72.
It said risks to its call include lower-than-expected water consumption, developer contributions, and failure to secure new contracts under the services arm.
Federal government to review water supply tariff and reduce non revenue water loss. Both items will definitely benefit Ranhill as Ranhill not only involve in water supply but also heavily involve in non revenue water supply loss business.
Normally people pump and then dump. Weirdly in ranhill's case, people dump, wait for the price to tank, and then buy back. Want to get a hand on the stock cheaply? No way. I'll hold.
The famous physicist, Richard Feynman, said, “The first principle is not to fool yourself – and you are the easiest person to fool.” Most of us react negatively when someone is overconfident about themselves or their opinions
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
NatsukoMishima
8,377 posts
Posted by NatsukoMishima > 2023-04-26 13:15 | Report Abuse
@Anti_debt
210 posts
Posted by Anti_debt > 2 weeks ago | Report Abuse
How much is Ranhill net debts can some1 share? Why TS Hamdan stop buying?
______
Gambler and investor is different , maybe a gambler like fast money buy luxury sport cars !