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PETALING JAYA: Wah Seong Corp Bhd (WSC) is an attractive oil and gas (O&G) play, due to its strong earnings growth prospects and undemanding valuations, according to Maybank Investment Bank (IB) Research.
PETALING JAYA: Petra Energy Bhd recorded a net profit of RM25.04mil in the third quarter ended Sept 30,2019 (Q3’19), compared to a net loss of RM26.97mil on improved performances across its segments.
KUALA LUMPUR: Petra Energy Bhd recorded a net profit of RM25.04mil in the third quarter ended Sept 30, 2019, as compared to a net loss of RM26.97mil on improved performances across its segments.
PETRA Energy Bhd kept the rally alive in Wednesday trading on a strong share price advance that broke it out of consolidation.
From Terence Fernandez.
KUALA LUMPUR: The FBM KLCI could be extending its rebound towards the resistance of 1,630 points following the positive development in Hong Kong.
PETRA Energy Bhd (code: 5133) made a break out of a consolidation phase yesterday as it opened higher than the 100-day simple moving average (SMA).
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.
PETALING JAYA: As more oil and gas (O&G) fields in Malaysia and the region approach the end of their lifespan, the demand for decommissioning works is set to surge.
PETRA Energy Bhd (code: 5133) continued its recovery on Friday, gapping up at the opening bell as it headed towards the overhead 100-day simple moving average (SMA).