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KUALA LUMPUR: Axiata Group Bhd, Gamuda Bhd, Genting Malaysia Bhd, CIMB Group and Leong Hup International Bhd are among the stocks to watch on Friday, according to JF Apex Research.
KUALA LUMPUR: AllianceDBS research expects Kimlun Corp Bhd's manufacturing orders to accelerate with growing demand from Singapore and Malaysia.
KUCHING: More Sarawak and peninsula-based construction companies are expected to secure jobs under the billion-ringgit Sarawak Coastal Road Network project as the award of contracts picks up momentum.Five contracts – four of them bridge projects across rivers – worth a combined RM1.76bil have been awarded since February.
KUALA LUMPUR: JF Apex Research expects MMC Corp Bhd, Malayan Banking Bhd, Kimlun Corp Bhd, WZ Satu Bhd, CB Industrial Product Holdings Bhd (CBIP), Axis Real Estate Investment Trust and Seacera Group Bhd are among the stocks to watch on Tuesday.
PETALING JAYA: Foreign funds will possibly make their way back to Malaysia by the third quarter of this year to take advantage of the current reasonable valuation and cheap ringgit, says online equity broker Rakuten Trade.
KUALA LUMPUR: Blue chips notched slim gains early Tuesday as some buying of KL Kepong and Genting Bhd underpinned the FBM KLCI’s advance but the overall market was lacklustre.
PETALING JAYA: Kimlun Corp Bhd’s outstanding construction order book of RM1.9bil will keep the group busy for the next two years, AmBank Research said.
KUALA LUMPUR: Kimlun Resources Bhd posted lower net profit of RM61.14mil for its financial year ended Dec 31, 2018 but it remained positive for 2019 as its order book was expected to support its performance.
KUALA LUMPUR: RHB Research has tactically upgraded construction company Kimlun to Buy from Neutral, at a revised target price of RM1.36 from RM1.52, offering 18% upside plus 5% FY19F yield.
KUALA LUMPUR: UEM Sunrise Bhd's net profit of RM260.3mil year to date is within expectations despite a weaker-than-expected 3QFY18 net profit of RM21.2mil.