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Protasco starting on a clean slate

COULD construction and property player Protasco Bhd be a stock worth watching now that its boardroom tussle and one-off impairments have come to a close?

Trading ideas: Alam Maritim, KNM, Protasco, Zelan

KUALA LUMPUR: JF Apex Research expects Alam Maritim Resources Bhd, KNM Group Bhd, Protasco Bhd and Zelan Bhd to be among the stocks to watch on Tuesday.

Trading ideas: Genting, Genting Malaysia, UMW, Padini, AirAsia

KUALA LUMPUR: Genting Bhd, Genting Malaysia Bhd, UMW Holdings Bhd, Padini Holdings Bhd, AirAsia Group Bhd are among the stocks to watch on Thursday, according to JF Apex Research.

Protasco

Protasco recovery targets the 100-day SMA

Protasco JV terminated as contractor for SUKE project

KUALA LUMPUR: Protasco Bhd's subsidiary HCM Engineering Sdn Bhd and its partner have been terminated by Turnpike Synergy Sdn Bhd as a contractor for the proposed Sungai Besi-Ulu Kelang Elevated Expressway (SUKE) due to delays in the project.

Trading ideas: AWC, Hibiscus, MMC, Time, Tan Chong, Serba Dinamik

KUALA LUMPUR: AWC Bhd, Hibiscus Petroleum Bhd, MMC Corp Bhd, Time dotCom Bhd, Tan Chong Motor Holdings Bhd, Serba Dinamik Holdings Bhd and Wah Seong Corp Bhd are among the stocks to watch, according to JF Apex Research.

Protasco posts net losses in Q3, sees challenging quarter

PETALING JAYA: Protasco Bhd posted net losses of RM801,000 in the third quarter ended Sept 30, 2018 which was a contrast from the net profit of RM10.3mil a year ago as its core businesses reported a decline.

CIMB Research retains underweight on construction sector

KUALA LUMPUR: CIMB Equities Research is maintaining its underweight rating for the construction sector due to the expectations of a downturn for new contracts in 2019.

Education sector likely to see diverging fortunes

PETALING JAYA: The education sector may see diverging fortunes ahead amid a potentially big change in industry hiring trends that is currently developing.

UOB Kay Hian downgrades construction to ‘market weight’

PETALING JAYA: UOB Kay Hian Malaysia Research has downgraded the construction sector to “market weight” for its lack of growth drivers. The brokerage put its “overweight” call on the building material sector under review.