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Heineken Malaysia is trading around MYR 23.88, showing stable performance with low volatility. Recent earnings were strong, though 1QFY25 saw a slight revenue dip. Analysts maintain a bullish outlook, with price targets up to MYR 29.87 (≈18% upside). The stock may rebound from current levels, supported by solid fundamentals, but near-term gains could be limited by seasonal factors.
Heineken Malaysia’s short-term technicals show weakness, with price near RM23.3 support and low volume. RSI is near oversold, limiting downside for now. The company posted 6% revenue growth and 21% profit rise last year, helped by strong festive sales. Analysts raised targets above RM30, showing confidence in recovery. Overall, the stock may stay range-bound short term but has good upside potential if buying improves.
