BURSA MALAYSIA BHD

KLSE (MYR): BURSA (1818)

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Last Price

9.98

Today's Change

+0.08 (0.81%)

Day's Change

9.80 - 9.99

Trading Volume

1,787,600


10 people like this.

5,349 comment(s). Last comment by mf 2 hours ago

yfchong

5,798 posts

Posted by yfchong > 2023-08-06 16:58 | Report Abuse

Let's see can break RM 7 00

purple70

252 posts

Posted by purple70 > 2023-08-09 15:35 | Report Abuse

15 sen div gives an yield of approx 2.3%....likely for the price to go up further after PRN results where it wii be status quo

yfchong

5,798 posts

Posted by yfchong > 2023-08-13 09:59 | Report Abuse

Tomorrow ada spice?

speakup

26,084 posts

Posted by speakup > 2023-08-13 11:57 | Report Abuse

3-3
Status quo

winetime

520 posts

Posted by winetime > 2023-08-27 21:46 | Report Abuse

Recently Bursa share price is getting sexy and sexier, there are one more similar sexy counter incoming to IPO - mercury securities. Rare 1+1 brokers and universal brokers, leading NP Margin in the financial advisory and stock broking firm.

https://klse.i3investor.com/web/blog/detail/stockadventure/2023-08-27-story-h-241803496-Mercury_Securities_IPO_The_Top_3_Reasons_Why_It_Is_Worth_Subscribing

Posted by Hatiharihari > 2023-08-28 15:57 | Report Abuse

IPO price of Mercury Securities is only RM0.25 and PE only 12x ~13x. Another IPO star which is going to list in September this year

Ahboy96

147 posts

Posted by Ahboy96 > 2023-09-09 21:43 | Report Abuse

if cant break thru Rm7.00... i guess it will back to 6.20

yfchong

5,798 posts

Posted by yfchong > 2023-09-23 07:37 | Report Abuse

let see set the net @ 6.15

yfchong

5,798 posts

Posted by yfchong > 2023-10-22 18:45 | Report Abuse

Bila mahu touch down 6.15 yeah

moven00

724 posts

Posted by moven00 > 2023-11-26 15:02 | Report Abuse

Kita sama-sama tunggu. 6.15

yfchong

5,798 posts

Posted by yfchong > 2023-12-21 22:44 | Report Abuse

after 29/12/2023..., touch down to 6.15

Posted by lionel messi > 2024-01-04 11:52 | Report Abuse

Keep an eye on daily market ADV. Bursa will be first to benefit. Upcoming Q4 result and dividend is likely to be good.

Posted by unicornbird > 2024-01-04 19:59 | Report Abuse

messi, can advise where to see the amount traded for commodity & derivatives?
Is it under Main market here?
https://www.bursamalaysia.com/misc/missftp/securities/securities_equities_2024-01-03.pdf?t=1704369320

dompeilee

11,888 posts

Posted by dompeilee > 2024-01-05 09:20 | Report Abuse

My Bursa shrs bought in '22 for an avg of $7.08 incl commissions is FINALLY in the $$$! 🤗😃😊

Yippy68

1,689 posts

Posted by Yippy68 > 2024-01-05 10:21 | Report Abuse

What made bursa so bullish

Yippy68

1,689 posts

Posted by Yippy68 > 2024-01-05 10:22 | Report Abuse

7.40 otw

Posted by StartOfTheBull > 2024-01-06 11:09 | Report Abuse

Bursa is the "Casino de Bursa" host.
The one and only king of stocks in KLSE in year 2024.

speakup

26,084 posts

Posted by speakup > 2024-01-06 11:13 | Report Abuse

PMX goreng kot to give rakyat the impression economy doing well when actually economy still not well

bisonbull

218 posts

Posted by bisonbull > 2024-01-06 22:01 | Report Abuse

Gloves counters are on the rise , YTLP &YTL scaling to historical high levels, HSR & New Agong from Johor effected higher interest in related company prices. Banks are optimistic on Malaysia growth potential. Investor confidence is returning to the Bullish atmosphere in Bursa Malaysia volume and indexes..

speakup

26,084 posts

Posted by speakup > 2024-01-07 17:12 | Report Abuse

But ordinary man on the street is not feeling any optimism

speakup

26,084 posts

Posted by speakup > 2024-01-07 17:15 | Report Abuse

Ask your Grab delivery guy, ask your wanton mee stall seller, ask your office cleaners .... all don't feel any optimistic

bisonbull

218 posts

Posted by bisonbull > 2024-01-11 01:10 | Report Abuse

Hope KLCI recover above 1500 this week As long as Bursa daily turnover volume keep rising.... Slow and steady will reflect on Bursa share price. I will get more dividends ..... Haha.

Posted by Winningpost > 2024-01-11 22:09 | Report Abuse

Keep an eye on Bursa in 2024 with record high volume and velocity in 52 weeks.
TP :RM 8.00 by end March .

Posted by Winningpost > 2024-01-11 22:16 | Report Abuse

Best CW for Bursa :Bursa C75
Gearing over 20 Premium Minus Zero
Apa lagi lu mahu !

Posted by lionel messi > 2024-01-29 15:04 | Report Abuse

Get ready for QR4 and dividend announcement on 31 Jan and also their commentary on prospects. Likely to be a good one.

speakup

26,084 posts

Posted by speakup > 2024-02-01 18:05 | Report Abuse

Some ppl buy high, sell higher
Depend on your strategy

Posted by lionel messi > 2024-02-02 08:44 | Report Abuse

When low investors don't want to buy or dare not buy. Not willing to wait or do some homework. In the end, most will buy high and sell low. Stock market is a funny game.

Posted by Winningpost > 2024-02-13 22:58 | Report Abuse

TP 8.35 by End March based on high volume and velocity since start of 2024
Trading and fundamental analysis.
Stay tuned.
Gong Xi Fa Cai to all .

Posted by moneyontheway > 2024-04-04 13:56 | Report Abuse

@lionel, how many counters do you own? it seems i see you in a lot of forums. i suppose you must have made lots of profits. do you encounter loss?? happy investing.

Change_

250 posts

Posted by Change_ > 2024-04-09 10:02 | Report Abuse

Share drop after IPO(FGV, Icon Offshore, China stocks and many more) not Bursa or government fault? Please have GE16 sooner for rakyat to decide who is better as PM or government.

yielder

29 posts

Posted by yielder > 2 months ago | Report Abuse

messi, currently bursa has about 3.7b trading volume. how much can it make per quarter?

jki3

32 posts

Posted by jki3 > 2 months ago | Report Abuse

Finally stand above 8....what a breakthrough

Posted by lionel messi > 2 months ago | Report Abuse

Safest stock. The house always win. Coming QR and dividend will be good. Cheers.

aspenvit

289 posts

Posted by aspenvit > 2 months ago | Report Abuse

Today no trading?

jki3

32 posts

Posted by jki3 > 2 months ago | Report Abuse

On track towards 🎯 9.00

Mustovoi

364 posts

Posted by Mustovoi > 1 month ago | Report Abuse

9.30 target achievable?

Tanleechoo

400 posts

Posted by Tanleechoo > 1 month ago | Report Abuse

Ageed. Talk easy ..

Posted by Thirai Thiraviam > 1 month ago | Report Abuse

I remember Bursa publishing its daily and monthly ADTV, in its website. Is it still being published? I tried to search for it, but couldn't locate it.

klee

3,127 posts

Posted by klee > 2 weeks ago | Report Abuse

Daily volume n value at multi year high.Even tom n dick know excellent QR ahead.

klee

3,127 posts

Posted by klee > 2 weeks ago | Report Abuse

High dividend to be declared.

Unfair

524 posts

Posted by Unfair > 1 week ago | Report Abuse

Why list >1000 counters in Bursa if only counters like Notion, YTL Power or JCY is must goreng counters? Ask PM-X to hold GE16 asap.

bizzybone

285 posts

Posted by bizzybone > 1 week ago | Report Abuse

https://www.bursamalaysia.com/market_information/market_statistic/securities
Click on the "key indicators" pdf link.


Posted by Thirai Thiraviam > 3 weeks ago | Report Abuse

I remember Bursa publishing its daily and monthly ADTV, in its website. Is it still being published? I tried to search for it, but couldn't locate it.

laucsh

80 posts

Posted by laucsh > 6 days ago | Report Abuse

Bursa BO and still uptrend....pls hold tight until month end QR out...i think RM 11 is not a problem....monopoly business modal and high margin follow by bull market...can u imaging super QR ???

klee

3,127 posts

Posted by klee > 6 days ago | Report Abuse

Superb QR to be announced end july with high dividend payout n possibly bonus issue.
Going forward ,as the outlook of Msia economy is bright n FF is pouring in,this stock will make multiple new highs.

dompeilee

11,888 posts

Posted by dompeilee > 5 days ago | Report Abuse

Luckily still have 1 lot left of this one costing an average $7.08. Amitabha!!!🙏

klee

3,127 posts

Posted by klee > 5 days ago | Report Abuse

RM11 kambing !

stncws

10,508 posts

Posted by stncws > 5 days ago | Report Abuse

forsee market crash , tp rm9

speakup

26,084 posts

Posted by speakup > 5 days ago | Report Abuse

Mana crash? Tipulah u

mf

28,111 posts

Posted by mf > 3 days ago | Report Abuse

Bursa to deliver strong 2Q results as trading activity surges — CGS
By Ishra Kamiso / theedgemalaysia.com
19 Jul 2024, 01:17 pm

KUALA LUMPUR (July 19): Bursa Malaysia Bhd (KL:BURSA) may report an 8.2% year-on-year (y-o-y) growth in net profit for the second quarter ended June 30, 2024 (2QFY2024), thanks to robust trading activity in the capital market, CGS International said.

Quarterly net profit will probably come in at RM82.5 million, lifting first-half earnings to RM157.5 million, according to CGS in a results preview note. That would be above market expectations, accounting for 55% of the Bloomberg consensus full-year estimate, it noted.

If the write-back in sales and service tax recorded in 2QFY2023 is excluded, net profit would have been 71% higher in 2QFY2024, CGS flagged. Bursa is scheduled to announce the results by month end.

“Bursa is a key beneficiary of the pickup in trading activity in the capital market,” CGS said. The house raised its target price to RM11.10 from RM8.70, and kept the stock on an ‘add’ call, equivalent to a ‘buy’ recommendation.

The average daily trading value of the equity market more than doubled y-o-y to RM3.62 billion in 2QFY2024. In the derivatives market, the daily average rose nearly 10% to 85,600 contracts.

Income generated from the equity market accounted for 48.4% of Bursa’s 1QFY2024 revenue, while derivatives made up 14.1%.

“In addition, we are encouraged to observe an across-the-board increase in trading activity of all major types of investors in Malaysia’s equity market,” CGS said.

The forecast for 2QFY2024 also took into account 'flattish' other income — including fees for listings, depository services, market data, member services and connectivity, conferences and exhibition-related income — CGS said. All in, The research house raised its FY2024-FY2026 earnings per share forecasts by 17%.

For FY2024, CGS is calling for a net profit of RM303.8 million, or 38 sen per share, above the consensus estimate of 35.9 sen per share.

Shares in Bursa have climbed 43% so far this year, thanks to the surge in trading activity and a slew of initial public offerings, while analysts remain bullish on the stock. A majority of 10 out of 15 research houses covering the counter have a ‘buy’ call, while the rest have ‘hold’ ratings, according to Bloomberg.

The stock has also blown past the consensus 12-month target price of RM9.25, and was trading at RM9.89 at Friday's noon trading break.

mf

28,111 posts

Posted by mf > 2 hours ago | Report Abuse

“Bursa is a key beneficiary of the pickup in trading activity in the capital market,” CGS said. The house raised its target price to RM11.10 from RM8.70, and kept the stock on an ‘add’ call, equivalent to a ‘buy’ recommendation.

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