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FY27F earnings jump looks more certain: Stock should re-rate as earnings inflection approaching; maintain Buy-20260626
野村证券· 2026-06-26 13:19
Gamuda GAMU.KL GAM MK EQUITY: ENGINEERING & CONSTRUCTION Management lowered FY26E sales guidance to MYR 4bn due to delays in the Hanoi launch, which will now be pushed into FY27E following permit timing issues (note: this was already guided in 2Q26 results). Management now expects a sharp rebound in property sales to MYR 7bn in FY27E, with approximately 75% of launches coming from Singapore and Vietnam. Key projects include the long-awaited Hanoi development launching in October, a MYR 1bn of joint venture ...
Worley Trading update: Middle East delays still a challenge given extended disruptions-20260626
瑞银· 2026-06-26 11:36
ab 25 June 2026 Global Research Worley Trading update: Middle East delays still a challenge given extended disruptions Extended conflict duration an incremental drag on FY26 EBITA Worley has released a further trading update on current activity in the Middle East, following its 20 April update which flagged productivity pressures on existing operations and delays to the start/awards of new work in the region. The company now expects an FY26 EBITA impact of up to $60mn (previously $30-40mn), reflecting the p ...