BURSA MALAYSIA BHD
KLSE (MYR): BURSA (1818)
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Last Price
6.74
Today's Change
-0.07 (1.03%)
Day's Change
6.74 - 6.80
Trading Volume
696,200
Financial
T4Q
31-Mar-2021
2020
31-Mar-2021
2019
31-Mar-2021
2018
31-Mar-2021
2017
31-Mar-2021
Discussions
9 people like this. Showing 50 of 5,308 comments
Despite being in a small pond, Bursa is a monopoly which needs little capex and returns >90% of its earnings to shareholders. Its valuation is never cheap.
Historically Bursa's average forward PE is around 25 times. Current forward PE at "only" 22X has offered support.
The share price may tumble if analysts cut earnings, or it suffers a derating, for eaxmple due to
1. a general stock market crash
2. Malaysian economic recession
3. Government imposes capital gain tax for stock trading
2022-10-31 22:19
I am waiting patiently for re-rating. Hopefully PE drop to 15X, after Fed raise rate this week
2022-11-01 09:26
Bursa is the best company you can own. It's a bigger & more stable casino than Genting
2022-11-01 09:27
Affin has a Sell call. Its rationale:
The equity market, which turned bearish in 3Q22, will likely remain subdued in 4Q22 and 2023, as we anticipate more market turmoil and fund redemptions for both bond and equity markets. Our equity and derivatives market assumptions for 2022E/23E/24E as follows: i) equity market ADV at RM2.0bn; and ii) derivatives volume at 17.5m/12.4m/12.4m p.a.
Reieterate SELL, as we maintain our Price Target from RM6.74 to RM5.20, based on a P/E target of 22x (at 10-year mean) on revised 2023E EPS of 23.6 sen
2022-11-01 13:02
The 25X historical forward PE I mentioned earlier is based on 5 year record. It has been skewed upwards by 2020 bull run. The 10-year mean used by Affin is a better measure.
2022-11-01 13:09
Hopefully Fed raise rate to 8% next year. Bursa will need to drop to 2.60, to generate a yield of 8%
2022-11-01 17:52
If interest rate hits 8% the stock market will be decimated.. There will be many stocks selling at 3 times PE or above 10% dividend yields, yet most of us will be too terrified to buy :)
2022-11-01 19:44
Anyone got news about any commodity trading coming to Bursa? they build such a huge building at TRX, mimicking new york world trade center. certainly there must be huge deals coming
2022-11-03 09:25
Bursa Malaysia extended its rally at the opening bell following a positive performance on Wall Street and as speculation continued over a Chinese economic reopening.
At 9.05am, the FBM KLCI was up 2.14 points to 1,444.20.
There were 154 gainers compared with 91 decliners.
Trading volume was 157.66 million shares crossing hands for RM42.67mil.
The domestic market has been seeing a return of foreign funds with net inflows recorded for a second straight day yesterday.
2022-11-08 12:45
The energy and plantation sectors could remain its uptrend move on the back of firmer commodity prices," it added in its daily market outlook.
2022-11-08 12:45
Soon for the first time in the history of Malaysian stock market, school year end long holiday falls in February-March. And also the budget is also in February.
Many will be heading to oversea for long holiday but since it is in February-March, the long holiday may not cool down the stock market.
We'll see. An interesting phenomenon to study more about the psychology of retail investors in Bursa.
2023-02-14 11:21
FED going to revised interest rate 3 May 2023. Generally, expecting FED to increase rate above 5%!
Buying bursa now is betting against rate hike and those selling bursa is guessing rate continue to hike to curb inflation.
2023-05-02 12:19
Bursa would make more if short selling was temporarily suspended. Trading volumes would increase dramatically.
2023-05-15 09:15
Increase ORP, meaning less hot money, means lower investment, means earning lower for bursa, price drops mean can keep more, just bobi dont replace by other enough
2023-05-19 12:44
Just announced reduced stamp duty with lower cap. Game changer for Bursa. Good times are back. Time to load up.
2023-06-19 14:21
Nothing interesting for institutional buyers..The rate reduction was not effective enough, the cap should reduced back to RM200 from RM1k
2023-06-20 05:56
Casino De Bursa is the only legal halal casino in malaysia. Semua kaum boleh judi. Tiada masalah.
2 months ago
monopolized business, if the bull market returns, this is one of the counter which will lead the way
1 month ago
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
1 month ago
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
1 month ago
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
1 month ago
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Quarterly report out, profit down 15.7%.
EPS down to 6.2 cents.
It's beyond me how this is still trading above Rm6.
2022-10-31 16:28