6 Analysts, 6 Opinions. What's Really Going On?

• CGS International: ADD (TP RM1.14) — "accelerated growth"
• Maybank: SELL (TP RM0.73) — "recovery priced in"
• Kenanga: MARKET PERFORM (TP RM0.82) — "oil price cuts both ways"
• CIMB: REDUCE (TP RM0.70) — "outlook remains challenging"
• HLIB: SELL (TP RM0.73) — "peak ASP behind us"
• UOB Kay Hian: HOLD (TP RM0.85) — "challenges persist"

Lessons:

Six professionals, same facts, wildly different conclusions. This isn't a bug — it's the market's way of saying "we don't know."

Buffett and Munger don't read analyst reports for a reason: they're often backward-looking, constrained by career risk and can't replace primary research.

This is what you to do instead:
• Read the actual 4QFY26 financials and concall transcript
• Ask yourself: "Do I believe the ASP spike is durable? Can they pass through costs? Will China compete harder?"
• Your answer — not the analysts' — should drive your decision

Not financial advice. DYODD.