99 Speed Mart Could Capture Growth Opportunities in Underserved Regions -- Market Talk

Dow Jones
08/19

0225 GMT - Growth opportunities for 99 Speed Mart Retail in underserved regions could drive store expansion and support a three-year earnings CAGR of 10%, RHB IB's Soong Wei Siang says in a note. Its domestic-focused and resilient earnings profile is viewed as attractive amid U.S. tariff policy uncertainties, the analyst says. The Malaysian minimart operator is also well-positioned to capture rising disposable incomes among lower-income groups and benefit from inflation-induced downtrading. Long-term growth is expected to be supported by strategies to expand its addressable market, including diversifying sourcing to enhance product offerings and developing a bulk sales platform to reach underserved customers, he adds. RHB raises its target price on the stock to MYR2.81 from MYR2.45 while maintaining a buy rating. Shares are unchanged at MYR2.50. (yingxian.wong@wsj.com)

 

(END) Dow Jones Newswires

August 18, 2025 22:25 ET (02:25 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10