Trading ideas: Parkson Holdings, Hibiscus Petroleum, Zhulian Corp, T7 Global, Seacera and Serba Dinamik Holdings

KUALA LUMPUR: Stocks that could see increased investor attention on Thursday include Parkson Holdings, Hibiscus Petroleum, Zhulian Corp, T7 GLOBAL, Seacera and Serba Dinamik Holdings, according to JF Apex Research.

Parkson Holdings Bhd’s external auditor has reported a material uncertainty that may cast significant doubt on the group's ability to continue as a going concern.

Hibiscus Petroleum Bhd is considering listing a special purpose acquisition company (SPAC) in Singapore that could raise as much as RM620.38mil.

Zhulian Corp Bhd's net profit jumped 116.01% to RM26.15mil for 1Q22 from RM12.11mil a year earlier.

T7 Global Bhd has secured a RM6mil contract for the provision of technical and non-technical manpower from Hess Exploration and Production Malaysia BV.

Seacera Group Bhd has received a winding up statutory notice demanding a sum of RM34.64mil in connection with a share sale agreement (SSA).

Serba Dinamik Holdings Bhd and four top executives have been compounded RM3mil each by the SCMalaysia for falsifying the RM6.01bil revenue for FY2020.

Meanwhile, JF Apex said the FBM KLCI could remain sideways below the resistance of 1,620 points following the recent lacklustre performance.

The US market surged overnight to rebound from a three-day losing streak after quarter results came in above expectations.

Earlier, European stocks ended mixed after UK inflation hit its highest in 30 years.

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