Company Overview and News

Superlon 1Q net profit misses forecast

2018-09-20 theedgemarkets
Superlon Holdings Bhd (Sept 19, RM1.29) Maintain neutral with a lower target price (TP) of RM1.23: Superlon Holdings Bhd’s results for the first quarter of financial year 2019 (1QFY19) missed forecast as net profit of RM2.85 million made up only 15% of our full-year forecast. Revenue of RM25.72 million was largely within expectations making up 22% of our full year estimates. The variance was attributed to lower-than-expected selling prices, resulting in lower gross profits.

Superlon shares rally despite drop in income

“The lower profit is largely due to competitive pricing that led to lower profitability,” MIDF Research said.

Superlon rises 5.83% on expectation of 10% top-line growth

2018-09-19 theedgemarkets
KUALA LUMPUR (Sept 19): Superlon Holdings Bhd rose 5.83% this morning after the group said it expects its top-line growth for the financial year ending April 30, 2019 (FY19) to rise at a faster rate of 10%, mainly driven by growing production capacity at its new factory in Vietnam, and increasing sales volume.

Superlon sees top line rising at a faster rate in FY19

2018-09-19 theedgemarkets
KLANG: Thermal insulation material maker Superlon Holdings Bhd expects its top-line growth for the financial year ending April 30, 2019 (FY19) to rise at a faster rate of 10%, mainly driven by growing production capacity at its new factory in Vietnam, and increasing sales volume.

KLCI seen rising on bargain hunting in line with global rally

2018-09-18 theedgemarkets
KUALA LUMPUR (Sept 19): The FBM KLCI is expected to trade range bound today and rise higher on some bargain hunting activities in line with the overnight gains at most global markets.
4863 7235 5196 MYTEF 5202 0162 3484

FGV, MSM, Ideal Jacobs, BFood, Vizione, WCT, Damansara Realty, YFG, TM, Superlon, MMAG and PanPages

2018-09-18 theedgemarkets
KUALA LUMPUR: Based on corporate announcements and news flow today, companies that may be in focus on Wednesday (Sept 19) may include the following: FGV Holdings Bhd, MSM Malaysia Holdings Bhd, Ideal Jacobs (M) Corp Bhd, Berjaya Food Bhd, Vizione Holdings Bhd, WCT Bhd, Damansara Realty Bhd, YFG Bhd, Telekom Malaysia Bhd, Superlon Holdings Bhd, MMAG Holdings Bhd and PanPages Bhd.
4863 7235 9679 5196 MYTEF 5041 5202 0162 BSMAF 7099 1818 3484

Superlon sees FY19 revenue increasing at a faster rate

2018-09-18 theedgemarkets
KLANG (Sept 18): Superlon Holdings Bhd expects revenue to increase at a faster rate of 10% year-on-year (y-o-y) in the financial year ending April 30, 2019 (FY19), mainly on capacity growth driven by its new Vietnam factory and higher sales volume.

Is Superlon a falling knife worth catching?

2018-07-02 theedgemarkets
THERE is a fine line between buying the dip and catching a falling knife. In the case of thermal insulator manufacturer Superlon Holdings Bhd, which saw its share price almost halve over the past nine months, investors would have got hurt catching this falling knife.

Superlon’s Vietnam plant construction seen to be on track

2018-06-25 theedgemarkets
Superlon Holdings Bhd (June 22, RM1.24) We downgrade to neutral with a revised target price (TP) of RM1.58 from RM1.82: Superlon Holdings Bhd’s earnings of RM12.3 million for the financial year ended April 30, 2018 (FY18), making up 80% of our full-year forecast.

Superlon falls after reporting weaker FY18 profit

2018-06-22 theedgemarkets
KUALA LUMPUR (June 22): Superlon Holdings Bhd shares retreated as much as 31 sen or 20% to RM1.21 after the company reported that net profit fell to RM12.27 million for financial year ended April 30, 2018 (FY18) from RM23.72 million a year earlier.
7235 BSMAF 1818

KLCI pares loss as banking stocks advance

2018-06-22 theedgemarkets
KUALA LUMPUR (June 22): The FBM KLCI pared much of its loss at the midday break today as index-linked banking stocks advanced for the benchmark index to regain some lost ground.
HLFBF PBLOF UPBMF 4065 1082 7235 BATS 4162 1295 7153 2089 9334 KLKBY 2445 4863 5347 3026 TNABY 5819 MYTEF TNABF

KLCI down 0.66% as investor sentiment remains jittery

2018-06-22 theedgemarkets
KUALA LUMPUR (June 22): The FBM KLCI fell 0.66% at mid-morning today, tracking losses at the regional markets as investor sentiment remained jittery given the spectre of a global trade war.
APEXF 7090 UPBMF 4065 7235 BATS 4162 2089 9334 KLKBY 2445 4863 5347 1996 0026 TNABY MYTEF 2836 TNABF MGFCF

Superlon buying momentum may have returned, says RHB Retail Research

2018-06-11 theedgemarkets
KUALA LUMPUR (June 11): RHB Retail Research said Superlon Holdings Bhd’s buying momentum may have returned after it recently climbed above the 21-day SMA line.

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