Trading ideas: BHS Industries, PetDag, Johan, Kumpulan Jetson


KUALA LUMPUR: BHS Industries Bhd, Petronas Dagangan (PetDag) , Johan Holdings, Kumpulan Jetson and CAM Resources are among stocks to watch on Friday, according to JF Apex Research.


The research house said BHS Industries had secured a five-year exclusive contract from the Malaysian government to publish, print and sell past year question papers for UPSR, PT3 and SPM for five years.


PetDag entered into a partnership with Malaysian Green Technology Corporation and TNB Energy Services Sdn Bhd (a wholly-owned subsidiary of Tenaga Nasional Bhd) to install 100 electric vehicle charging stations, ChargEV, by 2018.


Johan’s chief executive Tan Sri Tan Kay Hock and his wife Puan Sri Tan Swee Bee have upped the offer price for Johan shares that they do not own to 26 sen per share, from 25 sen previously.


Kumpulan Jetson has bagged a subcontract worth RM76.35mil to build two blocks of serviced apartments in Bukit Jalil.


Cam Resources plans to build its 2MW biogas plant at a cost of RM19.8mil to sell its renewable energy to Tenaga Nasional Bhd in 2019.


Meanwhile, US markets pared intraday record gains before closing lower as Wall Street enters reporting season.


European stocks ended higher following news that Brexit talks were stalled.


“Following the recent lacklustre performance, the FBM KLCI could remain pressured and test its support of 1,750 points,” JF Apex said.


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