Daniel Khoo

Recent and archived articles by Daniel Khoo

8 Dec 2018 | 7:00 AM

New car launches seen to improve UMW sentiment

UMW Holdings Bhd may continue to positively surprise investors going into 2019 as new car models are progressively launched from its stable of Toyota cars.

5 Dec 2018 | 7:00 AM

Weak result season weighs on FBM KLCI

PETALING JAYA: Bearish sentiment continued to envelope the stock market as the benchmark FBM KLCI closed lower by 4.73 points or 0.28% to 1,694.99 points as investors weighed the third quarter earnings season.

Market breadth was negative with losers outnumbering gainers by just over two times while 352 counters were unchanged and 708 counters untraded.
1 Dec 2018 | 7:00 AM

Market expecting worse to come for FGV

BASED on FGV Holdings Bhd’s share movements in recent times and with several analysts expecting a worst-case scenario in bottom line for its financial year 2018 (FY18), the market appears to be bracing for the worst.

29 Nov 2018 | 7:00 AM

Khazanah likely to sell 10% stake in IHH to Japan's Mitsui

PETALING JAYA: Khazanah Nasional Bhd is likely to dispose of a 10% stake in IHH Healthcare Bhd, marking the start of its asset rationalisation exercise.

Analysts are expecting stronger earnings ahead for IHH in view of the strategic corporate exercises to expand its regional footprint, and its efforts to reduce the impact of its subsidiary’s non-Turkish lira-denominated borrowings.  They are positive on the prospects of the group in spite of it slipping into the red in the third quarter. (File pic shows IHH's hospital in Turkey.)
28 Nov 2018 | 1:42 PM

MCT directors make stealthy exit after company AGM

PETALING JAYA: MCT Bhd's directors gave pressmen the slip after the company's annual general meeting (AGM) on Wednesday.

10 Nov 2018 | 7:00 AM

Casino stocks continue to fall

A notable number of analysts have continued to maintain their “buy” calls on Genting Bhd and Genting Malaysia Bhd (GenM) despite the unexpected announcement of additional taxes that will be imposed on casinos in Malaysia.

Downtrend: Genting tumbled 9 in a week while Genting Malaysia has declined 21.15 since Budget 2019 was announced.
8 Nov 2018 | 7:00 AM

Budget is ‘not expansionary’

KUALA LUMPUR: Budget 2019 is not expansionary as it initially appears to be, but rather contractionary in nature, according to the Finance Ministry’s budget director Johan Mahmood Merican.

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5 Nov 2018 | 7:00 AM

Medicine suppliers to benefit from higher healthcare allocation

PETALING JAYA: Medicine and medical equipment suppliers to the government are poised to be the main beneficiaries in the healthcare industry following several announcements by the government in Budget 2019 that was announced last Friday that will see more allocations provided.

Higher allocation: A dispensary at a government hospital. The government is allocating RM29bil for the Health Ministry, an increase of 7.8 compared with the previous year.
1 Jan 0001 | 12:00 AM

30 Oct 2018 | 7:00 AM

MAHB to revamp airport retail

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) will revamp retail space in five of its international airports to sustain competitiveness amid the ongoing digital disruption and transform these airports from being a mere transportation hub to be more of a shopping destination.

New strategy: Nazli says MAHB is dividing the retail areas into retail magnets according to the Reset strategy.