Trading ideas: Bumi Armada, Paragon Globe, Apollo, VS Industry, Hong Seng

KUALA LUMPUR: JF Apex Research expects Bumi Armada Bhd, Paragon Globe Bhd, Apollo Food Holdings Bhd, Hong Seng Consolidated Bhd, Astino Bhd, VS Industry Bhd and Euro Holdings Bhd to be among the stocks to watch on Monday.

In a report, JF Apex noted that Bumi Armada failed in its bid to appeal against an Australian court's decision that favoured its former client Woodside Energy Julimar Pty Ltd (WEJ), which terminated a charter contract worth RM1.46bil for its Armada Claire floating production storage and offloading (FPSO) unit in 2016.