Trading ideas: WCT, Top Glove, SunCon, EcoWorld, Binastra, LFG, BCM Alliance, Swift Energy, KHPT


KUALA LUMPUR: WCT Holdings Bhd, Top Glove Corp Bhd, Sunway Construction Group Bhd (SunCon), Eco World Development Group Bhd (EcoWorld), Binastra Corp Bhd, Lianson Fleet Group Bhd (LFG), BCM Alliance Bhd, Swift Energy Technology Bhd and KHPT Holdings Bhd are among the stocks to watch on Friday.

WCT Holdings Bhd has secured a RM528.99mil contract from UAE-based Construction General Contracting House Ltd (CGCH) for a commercial and residential project in Abu Dhabi.

The works are scheduled to commence in the third quarter of 2026 and be completed within 972 days, with WCT and its partner to form a 50:50 joint venture company to execute the contract.

Top Glove posted a net profit of RM81mil on revenue of RM1.1bil for the third quarter ended May 31, 2026, translating to earnings per share (EPS) of 1.01 sen.

For the first nine months of FY2026, revenue rose 15% year-on-year (y-o-y) to RM3bil, while net profit surged 64% to RM151mil, driven by a 34% increase in sales volume.

SunCon has secured RM664.4mil in change orders for two data centre-related substation projects in Johor, raising the total contract value to RM865.6mil.

The latest award lifts SunCon's year-to-date order wins to RM4.2bil and expands its outstanding order book to RM8.8bil.

EcoWorld posted a net profit of RM129.1mil, or EPS of 4.01 sen, on revenue of RM797.4mil for the second quarter ended April 30, 2026 (2QFY26).

For the first half of FY2026, net profit rose to RM285.5mil, or 8.89 sen per share, while revenue surged 51.7% y-o-y to RM2.15bil.

EIP’s wholly owned unit has secured a RM90.1mil subcontract for a Johor data centre project, lifting the group's unbilled order book to RM222.5mil.

Binastra posted a net profit of RM35.27mil for the first quarter ended April 30, 2026, up from RM25.14mil a year earlier, as revenue more than doubled to RM605.57mil from RM256.85mil.

LFG has agreed to acquire a RM60.9mil Supramax bulk carrier as it diversifies beyond offshore support vessels and capitalises on healthy charter rates.

BCM Alliance is disposing of its laundry businesses for RM20mil to fund the purchase of new medical devices and equipment.

Swift Energy has secured RM44.18mil in new orders from the offshore energy and data centre sectors, lifting its year-to-date contract wins to RM148mil.

KHPT has secured a contract from Proton to supply automotive structural components for a new vehicle model, with estimated revenue of RM155mil over the model's lifecycle.

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