• Malakoff: THIS stock was among the most actively traded yesterday, and closed at RM4.24 for a 10 sen gain on volume of 3.1 million shares.  

    The company yesterday reported a net profit of RM119mil for its 2nd quarter ended Feb 28, taking its total half-year earnings to RM204mil, versus RM162mil a year ago.  

    Many brokers have called a “buy” on Malakoff for months, given its good prospects, defensive qualities plus the fact that it is currently trading at single digit price earnings. 

    Shares of Malakoff began trading in board lots of 100 units yesterday. 

  • Article type: metered
    User Type: anonymous web
    User Status:
    Campaign ID: 1
    Cxense type: free
    User access status: 3

    Did you find this article insightful?


    Next In Business News

    More US-listed Chinese firms seen seeking backup listings
    Cagamas prices RM2bil debt notes 30-45 bps above MGS, MGII
    Corporate Singapore faces crunch time in rare clash with activist funds
    Grab 'in a position to acquire' after Gojek merger report
    How American investors are gobbling up booming bitcoin
    Menang Corp to table plan to vote out director at AGM
    FGV continuing to engage US govt over Withhold Release Order
    Serba Dinamik announces series of contract wins
    KLCI pulls ahead, energy stocks in focus
    Sumatec’s suspension to continue, Bursa Securities says

    Stories You'll Enjoy