Global Community

A1 A.K. Koh Group Berhad (A1AKK) delivered a resilient set of results for the nine-month financial period ended 31 March 2026, supported by stronger festive season demand and improving operational efficiency. While headline earnings declined year-on-year, the performance was largely affected by one-off listing expenses following its ACE Market debut, indicating that the group’s core business remains on a positive growth trajectory.Read more

AtkinsRéalis is shifting away from riskier “fixed-price” projects and leaning into a wave of nuclear and infrastructure spending, giving it steadier work lined up for years. The big question is whether it can deliver complex projects on time while new partnerships and defense demand keep the momentum going.Read more

Pan Merchant Berhad has a slow quarter as customers in key regions delay orders, but the company says its pipeline of committed work still looks solid. With a global support network and demand tied to areas like clean water, food production, and renewable energy, the key question is whether this is a short-term pause or a deeper shift.Read more

Horizon Aircraft is building a small plane that can take off like a helicopter but fly most of the trip like a normal airplane, aiming to avoid many of the headaches tied to charging-only designs. The story hinges on whether its patents, early customer interest, and a clearer certification path can turn into real deliveries before delays and funding needs get in the way.Read more

Tencent leans on Weixin, games, fintech, workplace tools, and its in-house AI to open up new ways to sell ads, services, and digital products across its ecosystem. But it also faces growing pressure from regulators, rivals, and geopolitical headlines that can quickly shake investor confidence.Read more

AST SpaceMobile is moving from demos to putting real satellites in orbit to bring phone service to regular smartphones in places where towers can’t reach. Big carrier tie-ups and early government work add credibility, but the plan still hinges on flawless launches and smooth rollout in a crowded satellite race.Read more

ASM Automation’s recent slowdown comes as customers push back factory upgrades and projects take longer to finish, even as the company spends to keep service quality high. With fresh listing funds still available for a new factory, new equipment, and product development, it’s set up to benefit if manufacturers return to automation spending.Read more

Q3 FY3/26 results update Tracking in line, monitoring developments – Q1-3 FY3/26 results were broadly in line, with the core Device Business Unit (BU) driving both sales and earnings growth, although profitability softened modestly. Overall earnings visibility is mixed; industrial equipment and auto sectors are showing signs of demand momentum for the Device BU, while heightened competition lowered returns in the System BU’s Eco-solutions sub-segment in the supply–demand adjustment market.Read more

For the custom valuation, I’m treating ASTS as a long-term scaling case, not something you can value off current earnings. The company is still in the early monetization phase, so current margins and PE don’t really tell you much about what the business could look like once the network is mature.Read more