Trading ideas: Gamuda, Spritzer, Aneka, MAA, Yinson

KUALA LUMPUR: Gamuda Bhd, Spritzer Bhd, Aneka Jaringan Holdings Bhd, MAA Group Bhd, Green Packet Bhd and Yinson Holdings Bhd are among the stocks to watch on Friday, TA Securities Research said.

Gamuda's 60%-owned single purpose vehicle SRS Consortium Sdn Bhd will undertake the development of Island A under the Penang's Transportation Master Plan.

Spritzer is acquiring an agriculture land near its existing mineral water plant in Air Kuning, Taiping for RM76.11mn, to set up a new plant.

Aneka Jaringan has won a RM28.9mn sub-contract for piling work at a new logistics hub in Shah Alam.

MAA Group Bhd will be uplifted from being classified as a Practice Note 17 company.

Green Packet made a RM48.58mn gain from the disposal of 41.37mn shares in G3 Global Bhd on the open market for RM63.22mn in recent days.

Yinson’s net profit grew by 3.08% QoQ to RM67mn in the fourth quarter ended Jan 31,2021 (4QFY21) on the back of higher engineering, procurement, construction, installation & commissioning business activities contribution.

Eco World International’s net profit jumped by more than 10-fold to RM56.03mn for the first quarter ended Jan 31,2021, from RM5.19mn a year ago due to the commencement of revenue and profit recognition of Yarra One at Melbourne.

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Gamuda , Spritzer , Aneka , MAA , Yinson , EcoWorld


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