Latest news with #QLResources
Yahoo
6 days ago
- Business
- Yahoo
Public companies account for 53% of BM GreenTech Berhad's (KLSE:BMGREEN) ownership, while individual investors account for 27%
BM GreenTech Berhad's significant public companies ownership suggests that the key decisions are influenced by shareholders from the larger public The largest shareholder of the company is QL Resources Berhad with a 53% stake 18% of BM GreenTech Berhad is held by insiders This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. A look at the shareholders of BM GreenTech Berhad (KLSE:BMGREEN) can tell us which group is most powerful. The group holding the most number of shares in the company, around 53% to be precise, is public companies. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). And individual investors on the other hand have a 27% ownership in the company. Let's delve deeper into each type of owner of BM GreenTech Berhad, beginning with the chart below. See our latest analysis for BM GreenTech Berhad Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. Institutions have a very small stake in BM GreenTech Berhad. That indicates that the company is on the radar of some funds, but it isn't particularly popular with professional investors at the moment. If the company is growing earnings, that may indicate that it is just beginning to catch the attention of these deep-pocketed investors. We sometimes see a rising share price when a few big institutions want to buy a certain stock at the same time. The history of earnings and revenue, which you can see below, could be helpful in considering if more institutional investors will want the stock. Of course, there are plenty of other factors to consider, too. Hedge funds don't have many shares in BM GreenTech Berhad. QL Resources Berhad is currently the largest shareholder, with 53% of shares outstanding. This essentially means that they have extensive influence, if not outright control, over the future of the corporation. With 3.7% and 3.0% of the shares outstanding respectively, Yew Leong and Chih Gan are the second and third largest shareholders. Chih Gan, who is the third-largest shareholder, also happens to hold the title of Member of the Board of Directors. In addition, we found that Lik Chia, the CEO has 0.8% of the shares allocated to their name. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our most recent data indicates that insiders own a reasonable proportion of BM GreenTech Berhad. Insiders own RM232m worth of shares in the RM1.3b company. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling. The general public, who are usually individual investors, hold a 27% stake in BM GreenTech Berhad. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. We can see that public companies hold 53% of the BM GreenTech Berhad shares on issue. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Consider for instance, the ever-present spectre of investment risk. We've identified 1 warning sign with BM GreenTech Berhad , and understanding them should be part of your investment process. But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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The Star
11-06-2025
- Business
- The Star
QL Resources to remain resilient amid trade tensions
Following the removal of the egg subsidy, UOBKH Research said profitability is expected to fall to three sen to five sen per egg. PETALING JAYA: Although QL Resources Bhd remains resilient amid trade tensions and the minimum wage hike policy, its core segments are facing a mixed outlook, according to UOB Kay Hian (UOBKH) Research. Based on the company's estimates, only 0.5% of total group sales are US export sales, which primarily consisted of surimi-based products, said the research house. 'Evidently, the tariff war would have a minimal direct impact on QL Resources. 'However, management does not rule out that supply disruptions and curtailed spending may indirectly impact its operations,' said UOBKH Research. Meanwhile, 27% of the company's workforce of 12,000 employees will benefit from the minimum wage revision, which is expected to cost the group an additional RM10mil or a digestible 1.4% of its financial year 2026 (FY26) profit before tax earnings. Management expected to largely absorb it or see a partial cost pass through, the research house noted. QL Resources is involved in integrated livestock farming (ILF), marine products manufacturing and palm oil activities in Malaysia, Indonesia and Vietnam. For the ILF segment, the government has rationalised its subsidies on eggs, reduced it to from 10 sen per egg to five sen effective since May 1 and subsequently removing it on Aug 1. The company earned an estimated 10 sen per egg under the full subsidy scheme. Following the removal of the egg subsidy, UOBKH Research said profitability is expected to fall to three sen to five sen per egg. To protect its margins, the company is looking to lift its product mix toward its margin accretive branded eggs, which accounts for 20% of its total egg sales. The fishing and fishmeal sub-segments are likely to see extended headwinds, the research house noted. Fishmeal selling price has stabilised, but demand remains weak due to a slowdown in world aquaculture activity. This is further compounded by a higher Peru fishing quota which may exert pressure on prices going forward. In contrast, surimi and surimi-based products could see an improved performance in FY26. In the palm oil segment, growth would be driven by its solar company Plus Xnergy Holdings Sdn Bhd's contributions that are tied to its renewable energy and environmental, social and governance solution business. 'Its palm oil contributions are likely to moderate alongside lower crude palm oil prices that have trended downward to RM3,800 from more than RM4,200 in the fourth quarter of 2025 (4Q25) amid similar fresh fruit bunch production and oil extraction rate output,' UOBKH Research said. The research house is maintaining its 'hold' stance on QL Resources' with an unchanged target price of RM4.80, adding that key risks include unfavourable weather conditions affecting fishing yields, outbreak of poultry diseases and a sharp collapse in crude palm oil prices.
Yahoo
11-06-2025
- Business
- Yahoo
Is QL Resources Berhad (KLSE:QL) Expensive For A Reason? A Look At Its Intrinsic Value
The projected fair value for QL Resources Berhad is RM3.41 based on 2 Stage Free Cash Flow to Equity Current share price of RM4.55 suggests QL Resources Berhad is potentially 34% overvalued The RM4.80 analyst price target for QL is 41% more than our estimate of fair value Does the June share price for QL Resources Berhad (KLSE:QL) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by taking the expected future cash flows and discounting them to their present value. One way to achieve this is by employing the Discounted Cash Flow (DCF) model. Believe it or not, it's not too difficult to follow, as you'll see from our example! We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. In the first stage we need to estimate the cash flows to the business over the next ten years. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, so we need to discount the sum of these future cash flows to arrive at a present value estimate: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF (MYR, Millions) RM273.1m RM305.7m RM430.6m RM666.7m RM703.6m RM738.6m RM772.4m RM805.6m RM838.6m RM871.8m Growth Rate Estimate Source Analyst x1 Analyst x2 Analyst x2 Analyst x2 Est @ 5.55% Est @ 4.97% Est @ 4.57% Est @ 4.29% Est @ 4.10% Est @ 3.96% Present Value (MYR, Millions) Discounted @ 8.4% RM252 RM260 RM338 RM483 RM470 RM456 RM440 RM423 RM406 RM390 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = RM3.9b The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (3.6%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 8.4%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = RM872m× (1 + 3.6%) ÷ (8.4%– 3.6%) = RM19b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= RM19b÷ ( 1 + 8.4%)10= RM8.5b The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is RM12b. In the final step we divide the equity value by the number of shares outstanding. Relative to the current share price of RM4.6, the company appears reasonably expensive at the time of writing. Valuations are imprecise instruments though, rather like a telescope - move a few degrees and end up in a different galaxy. Do keep this in mind. We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. If you don't agree with these result, have a go at the calculation yourself and play with the assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at QL Resources Berhad as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 8.4%, which is based on a levered beta of 0.800. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. See our latest analysis for QL Resources Berhad Strength Debt is not viewed as a risk. Weakness Earnings growth over the past year underperformed the Food industry. Dividend is low compared to the top 25% of dividend payers in the Food market. Expensive based on P/E ratio and estimated fair value. Opportunity Annual revenue is forecast to grow faster than the Malaysian market. Threat Annual earnings are forecast to grow slower than the Malaysian market. Although the valuation of a company is important, it shouldn't be the only metric you look at when researching a company. The DCF model is not a perfect stock valuation tool. Rather it should be seen as a guide to "what assumptions need to be true for this stock to be under/overvalued?" For example, changes in the company's cost of equity or the risk free rate can significantly impact the valuation. Can we work out why the company is trading at a premium to intrinsic value? For QL Resources Berhad, we've put together three essential items you should further research: Financial Health: Does QL have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk. Future Earnings: How does QL's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! PS. Simply Wall St updates its DCF calculation for every Malaysian stock every day, so if you want to find the intrinsic value of any other stock just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Sun
03-06-2025
- Business
- The Sun
Bursa Malaysia remains lower at mid-afternoon
KUALA LUMPUR: Bursa Malaysia remained lower at mid-afternoon on continued profit-taking in selected heavyweights and lower-liners led by consumer as well as industrial products and services stocks. At 3.05 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 4.0 points to 1,504.35 from last Friday's close of 1,508.35. The benchmark index opened 4.37 points higher at 1,512.72. Market breadth was negative with 715 decliners and 241 gainers, while 386 counters were unchanged, 1,004 untraded and 15 suspended. Turnover stood at 2.40 billion units worth RM1.35 billion. Maybank Investment Bank said in a note today that the benchmark index is expected to range between 1,500 points and 1,520 points today, with supports remaining at 1,500 points and 1,440 points. Among the heavyweights, QL Resources fell 11 sen to RM4.39, Petronas Chemicals dipped eight sen to RM3.34, Sunway and Press Metal dropped nine sen each to RM4.66 and RM4.95 respectively, and Axiata decreased three sen to RM2.02. Among the most active counters, Harvest Miracle Capital and ACE Market debutant ICT Zone Asia were flat at 18 sen and 20 sen respectively, Permaju Industries eased half-a-sen to 1.0 sen, Tanco Holdings slid half-a-sen to 99.5 sen, and Eco-Shop Marketing slipped three sen to RM1.23. On the index board, the FBM Emas Index shaved 42.05 points to 11,257.75, the FBMT 100 Index lost 35.74 points to 11,025.26, and the FBM ACE Index sank 88.68 points to 4,462.35. The FBM Emas Shariah Index trimmed 49.47 points to 11,206.78, while the FBM 70 Index retreated 77.77 points to 16,123.74. Sector-wise, the Financial Services Index weakened 34.22 points to 17,806.31, the Industrial Products and Services Index edged down 2.27 points to 150.38, and the Energy Index dropped 7.53 points to 700.69, but the Plantation Index gained 21.82 points to 7,229.67.
The Star
03-06-2025
- Business
- The Star
Bursa Malaysia lower at midday on renewed US-China tensions
KUALA LUMPUR: Bursa Malaysia was lower at midday, dragged down by renewed tensions between the United States (US) and China, analysts said. According to reports, China hit back at US President Donald Trump's claim it had violated the temporary trade agreement between the two countries, while the European Union said it opposed the president's doubling of tariffs on steel and aluminium imports. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined by 4.89 points, 0.32 per cent, to 1,503.46 from last Friday's close of 1,508.35. The benchmark index, which opened 4.37 points higher at 1,512.72, moved between 1,497.42 and 1,514.12 during the morning session. In the broader market, decliners thumped gainers 694 to 225, while 373 counters were unchanged, 1,054 untraded and 15 suspended. Turnover stood at 2.14 billion units worth RM1.14 billion. Meanwhile, Hong Leong Investment Bank said in a note that following the conclusion of a lacklustre May corporate results season, it expects the benchmark index to remain volatile in June after tumbling 2.1 per cent in May (year-to-date: -8.2 per cent). This is as investor sentiment has stayed cautious amid continued foreign net outflows coupled with developments in the political landscape ahead of the Sabah state election (due by end 2025). "Adding to the cautious tone are renewed concerns over a tariff-driven global slowdown and ongoing legal tussles surrounding Trump's trade policies, which could weigh on market confidence and pressure Malaysia's growth and earnings outlook,' it said. Among the heavyweights, QL Resources fell 11 sen to RM4.39, Axiata slid four sen to RM2.01, Press Metal Aluminium was down nine sen to RM4.95, Petronas Chemicals eased six sen to RM3.36, and Sunway dropped 7 sen to RM4.68. Among the most active counters, Harvest Miracle Capital, ACE Market debutant ICT Zone Asia, and Permaju Industries were flat at 18 sen, 20 sen and 1.5 sen respectively, while Tanco Holdings increased one sen to RM1.01 and Eco-Shop Marketing slipped two sen to RM1.24. On the index board, the FBM Emas Index shaved 44.22 points to 11,255.58, the FBMT 100 Index lost 38.95 points to 11,022.05, and the FBM ACE Index fell 65.44 points to 4,485.59. The FBM Emas Shariah Index slid 54.38 points to 11,201.88, while the FBM 70 Index trimmed 69.27 points to 16,132.23. Sector-wise, the Financial Services Index weakened 43.21 points to 17,797.32, the Industrial Products and Services Index edged down 2.05 points to 150.60, and the Energy Index eased 8.58 points to 699.46, but the Plantation Index rose 16.80 points to 7,224.65. - Bernama
