MBSB Research has raised its core profit after tax and non-controlling interests forecasts for FY26, FY27, and FY28 by 5.7%, 10.2%, and 11.9%, respectively, driven by average selling price (ASP) increases which offset a rising input cost environment

A 5.7% growth forecast for FY2026 looks a bit conservative

If demand stays strong, actual FY2026 numbers could easily outperform expectations

The Q3 results are out. The numbers look good compared to last year, although they came in slightly softer than the previous quarter

Its q3 gross profit margin looks great, improving to 48.32%!

Heavy sell down after QR is telling you different story.

I think 1.20 would be a strong support, can see some rebound after that

1.20 support look quite solid but need wait for the buying volume to kick in before going all in. If the market sentiment stay shaky might see a bit more chop before that rebound finally happen.