Highlights
KLSE: KENANGA (6483)       KENANGA INVESTMENT BANK BHD MAIN : Finance
Last Price Today's Change   Day's Range   Trading Volume
0.745   +0.02 (2.76%)  0.725 - 0.745  1,568,800
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Overview

Market Cap: 538 Million
NOSH: 723 Million
Avg Volume (4 weeks):774,310
4 Weeks Range:0.67 - 0.76
4 Weeks Price Volatility (%):
83.33%
52 Weeks Range:0.355 - 0.97
52 Weeks Price Volatility (%):
63.41%
Average Price Target: 0.90
Price Target Upside/Downside: +0.155
Stamp duty exempted for year 2020

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#2]  |  24-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  29-Nov-2020
T4Q P/E | EY: 20.30  |  4.93%
T4Q DY | Payout %: 4.21%  |  85.62%
T4Q NAPS | P/NAPS: 1.2471  |  0.60
T4Q NP Margin | ROE: 3.79%  |  2.94%

Headlines

Date Subject
16-Oct-2020 Technical Buy - KENANGA (6483)
02-Oct-2020 4QCY20 Investment Strategy - A Rocky Road To Recovery
26-Aug-2020 Mplus Market Pulse - 26 Aug 2020
21-Jul-2020 PublicInvest Research Headlines - 21 Jul 2020
21-Jul-2020 Mplus Market Pulse - 21 Jul 2020
02-Apr-2020 PublicInvest Research Headlines - 2 Apr 2020
02-Apr-2020 Mplus Market Pulse - 2 Apr 2020
19-Feb-2020 PublicInvest Research Headlines - 19 Feb 2020

Business Background

Kenanga Investment Bank Bhd is an independent investment bank. It offers the provision of nominee services, private equity, promotion and management of collective investment schemes and management of investment funds. The company has six operating divisions: Investment banking; Stockbroking; Futures broking; Money lending and financing; Investment management and Corporate and others. It derives most of its revenues from Stock broking segment.
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  4 people like this.
 
Value_Investor_888 Thanks EasyInvest123, The news further comfirmed Kenenaga will be one of the solid winner of higher trading volume/value in stock market from participation of retailers! The coming quarter results will break record high I think...Share price moving up prior results release is good hint on this!
22/08/2020 11:07 AM
EasyInvest123 Yes fantastic earning coming, TP 1.20 to hit 2007 record high
22/08/2020 12:26 PM
EasyInvest123 https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/10%E4%B8%87%E6%95%A3%E6%88%B7%E6%8E%92%E9%98%9F%E5%BC%80%E6%88%B7%E5%A4%B4-%E9%9C%80%E8%8B%A6%E5%80%993%E4%B8%AA%E6%9C%88-%E4%B8%AD%E9%9D%92%E4%BB%A3%E5%8D%A065
22/08/2020 12:27 PM
EasyInvest123 Lots retailers Q open new account and Kenanga will benefit it as 2nd top broker
22/08/2020 12:31 PM
EasyInvest123 Top glove/Supermax bonus issue early Sept expect more trading activities n more broker fees for Kenanga & Rakuten
22/08/2020 12:36 PM
Value_Investor_888 TURNAROUND Q2 Results For KENANGA

Kenanga on 29/May/2020 announced Q1 results which fell in red due to market crashed during the period of March 2020. The unfavourable result in 1Q20 was mainly due to provision of credit loss expenses as a result of significant decline in the prices of share collaterals for margin clients.

Next week, Kenanga will announce it Q2 results, we are very optimistic about this Q2 earning will come back to record high due to below few factors:

1. Increasing of trading value & volume in Bursa due to overwhelming participaction of retailers in Stock markets during MCO period (Apr – June) and these trading value/volume continue to surge higher from July to Aug. Kenanga for sure will enjoy higher brokerage income in this coming Q2 based on figure below.

Below is the monthly trading volume & value in our Bursa stock market:

Jan 2020: 64.6 B => RM44.2 B
Feb 2020: 66.2 B => RM52.8 B
Mar 2020: 89.7 B => RM65.5 B
Apr 2020: 115.9 B => RM58.6 B
May 2020: 120.7 B => RM70.3 B
Jun 2020: 160.5 B => RM98.1 B
Jul 2020: 214.9 B => RM121.8 B
Aug 2020 (MTD): 208.9 B => RM97.8 B

=> Here are few latest news as reference:

Exclusive: Bumper earnings for stockbrokers

https://www.thestar.com.my/business/business-news/2020/08/22/bumper-earnings-for-stockbrokers

10万散户排队开户头 需苦候3个月 中青代占65%

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/10%E4%B8%87%E6%95%A3%E6%88%B7%E6%8E%92%E9%98%9F%E5%BC%80%E6%88%B7%E5%A4%B4-%E9%9C%80%E8%8B%A6%E5%80%993%E4%B8%AA%E6%9C%88-%E4%B8%AD%E9%9D%92%E4%BB%A3%E5%8D%A065

2. In Q1 quarterly report, management guided that “As at end April 2020, we have reversed some of the credit provisions made in first quarter and are ON TRACK FOR A TURNAROUND in the following quarters.”
23/08/2020 6:27 PM
thesteward Agree with Value investor . Bumper warning for stockbroking co . Hope kenanga can go to at least rm1.50
23/08/2020 11:00 PM
Reaperz https://www.thestar.com.my/business/business-news/2020/08/24/kenanga-investment-2q-net-profit-surges-to-rm2046m
24/08/2020 8:00 PM
Value_Investor_888 股票行生意狂赚 肯纳格投行Q2净利飊增265%

Today (24 Aug 2020), Kenanga announced Q2 earning with net profit RM20.5 mil (EPS 2.93 sen) soared 265% YoY & 395% QoQ. This is RECORD earning in it past 10 years history! The main reason of this record earning is due to higher net income contributed by higher brokerage and trading income.

After this Q2 (Apr – Jun) excellent results, will Kenanga able to sustain or break another record high earning in next Q3 (Jul – Sep)?

Look at below monthly trading volume & value in our Bursa stock market, we will have a very good clues on this!

Jan 2020: 64.6 B => RM44.2 B
Feb 2020: 66.2 B => RM52.8 B
Mar 2020: 89.7 B => RM65.5 B
Apr 2020: 115.9 B => RM58.6 B
May 2020: 120.7 B => RM70.3 B
Jun 2020: 160.5 B => RM98.1 B
Jul 2020: 214.9 B => RM121.8 B
Aug 2020 (MTD): 216.7 B => RM102.9 B

So, we can conclude Next Q3 will be another RECORD BREAKING EARNING quarter for Kenanga!
24/08/2020 11:21 PM
jawplace Post removed. Why?
24/08/2020 11:44 PM
Value_Investor_888 As Q3 quarter will be another record earning based on bursa monthly trading data, thus Q3 EPS will be greater than Q2, forecast of 25% increase of net profit, EPS will be ~3.7 sen. Annualize EPS will be 13 sen. With PE of 10, Kenanag worth RM1.30 at least. This is one of the super cycle for stockbroker houses from the past 10 years history as participation of retailers in stock market continue to raise!
25/08/2020 7:55 AM
Aaron_tan expect comments from noob - best result but why price drop 1 ... lol
25/08/2020 9:15 AM
Masila good results......yet counter goes on the reverse. imagine dropping seven cents with poor volume i am having second thoughts
25/08/2020 11:56 PM
EatCoconutCanWin Kanine earn money kaw kaw but push down the stock price.. xiao la
26/08/2020 12:23 PM
amateurJR eatcoconut pusing sana pusing sini wont earn much one.
28/08/2020 12:01 PM
cccthierry nowadays only bad qr can up... look at GENM... funny market now...
28/08/2020 12:48 PM
profitgrow kenanga support at where? 0.83 ok?
01/09/2020 12:16 PM
foreverchung This can support, possible trend reversal.
01/09/2020 4:05 PM
zhexiangxd this is a highly operated stock lol, look at the transaction record.
02/09/2020 10:35 AM
azfar8 the problem with kenanga is because it's badly manage, leaving fund manager afraid to touch this stock,
03/09/2020 4:12 PM
profitgrow is this the best time to enter?
05/09/2020 10:09 AM
profitgrow what happened to kenanga
07/09/2020 11:33 AM
zhexiangxd operator press down like crazy, really speechless
07/09/2020 11:57 AM
profitgrow what the hell... too much press...
07/09/2020 3:30 PM
stan0166 what the hell 6 is coming
08/09/2020 4:37 PM
profitgrow anyone still holding here?
08/09/2020 7:12 PM
terence775 yeap still holding. market wide panic selling going on. fundamentals are still strong.
09/09/2020 10:46 AM
profitgrow hold forever see how... if cutloss now... will cry forever...
09/09/2020 12:12 PM
terence775 Good job for holding on :) Let's huat huat
11/09/2020 7:36 PM
Sailangking bought some at 0.695,may I know what is TP?
12/09/2020 6:37 PM
ThePowerOfGlove up 11.11%
12/09/2020 6:50 PM
ThePowerOfGlove sudah cukup kuat tuhhh
12/09/2020 6:50 PM
ThePowerOfGlove if 10 times up 11.11% becomes 111.1% juga la
12/09/2020 6:51 PM
ThePowerOfGlove okay already what
12/09/2020 6:51 PM
ThePowerOfGlove very good
12/09/2020 6:51 PM
ThePowerOfGlove well done
12/09/2020 6:52 PM
ThePowerOfGlove congratulations
12/09/2020 6:52 PM
ThePowerOfGlove keep up the good work
12/09/2020 6:52 PM
Sailangking wish too... hope don't red red on monday ...
12/09/2020 6:53 PM
LimitHunter something is coming to this counter, qr will out on oct will up again chaiyokkk
15/09/2020 11:55 AM
Sailangking more, to come after qr announce... let's see
17/09/2020 7:19 PM
profitgrow what happened to QR?
01/10/2020 9:17 AM
stan0166 looks like more to come down... jialat
01/10/2020 3:45 PM
Sailangking hailat
11/10/2020 8:51 PM
Morpheus61 Will Kenanga tell us how much money they have made or lost from the Structured Warrants FY 2020 till date ? And what is the estimated PL for the full year ?
11/10/2020 9:30 PM
profitgrow jialat... i bought at 0.80... now losing money
12/10/2020 11:22 AM
Sailangking good news
16/10/2020 12:34 PM
stan0166 Sailangking pls share
16/10/2020 10:27 PM
ks5S Moving up back to 90 cents.
Volume building up. Time to bull
16/10/2020 11:08 PM
profitgrow i hope so
22/10/2020 3:50 PM


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