The Malaysian government is proposing that EVs be completely exempt from import duty, excise duty, and taxes. Even road tax exemption of up to 100% and
Analysts do not expect any earnings surprises from Malaysiam property sector 09 Mar 2021 / 09:30 H. Most developers are said to be assessing the economic situation before deciding to continue with or defer future launches. Picture for representational purposes only – BERNAMAPIX
PETALING JAYA: Analysts expect no surprises in earnings prospects for the local property sector over the short to medium term, as developers are more aggressive in clearing unsold units by offering discounts with the inventory level on a declining trend
AmInvestment Bank Research (AmResearch) said developers generally reported lower new sales year on year, by about 24.5%, due to the lacklustre market and the impact of the movement control order (MCO) and Covid-19 pandemic – which it believes the clearing of unsold units is a positive move to realise cash flow.
Select Malaysian tech companies to benefit from sector’s upcycle Picture for illustration only. – REUTERSPIX
PETALING JAYA: The continued global semiconductor supply chain’s upcycle is expected to translate into strong earnings growth for select Malaysian technology hardware companies in 2021-2022 and support the sector’s rerating to richer valuations.
Maybank Investment Research believes the sector’s outperformance in share prices and rerating of valuations are supported by the encouraging outlook of the global semiconductor supply chain, strong near-term earnings growth catalyst, as well as robust domestic liquidity.
Currently the sector under its coverage is trading at CY21/22 price to earnings ratio of 39x/37x.