Stocks Analysis

  • Filter by

Suncon 'buy', Matrix 'buy', building materials 'underweight'

AFFINHWANG analysts believe Sunway Construction (Suncon) is more resilient than most of its peers as it is in a net cash position (RM0.25/share), has an asset-light model (not involved in the property business), integrated construction capabilities and is competitive in open tenders with its excellent track record.

Analyst reports

RHB Research believes the share price of Astro has bottomed out, following the sharp decline of about 52% year-to-date.

RHB Research maintains its “buy” call on Astro. But it has cut its target price for the counter to RM2.02 from RM2.30 previously after the group’s earnings for the nine months ended October 2018 fell short of the brokerage’s estimate.

Investors stay put as G20 Summit looms

REVIEW:The spectre of dimishing growth on the global scene has only been reinforced by the recent selling pressure seen in oil prices.

Eye On Stock: GFM Services

GFM Services Bhd (code: 0039) has put in yet another stellar week of gains to return to a three-month high of 52 sen a share.

Eye On Stock: Paramount Corp

PARAMOUNT Corp Bhd’s (code: 1724) correction from a historical high of RM2.26 on Oct 4 found support at the RM2 mark.

Three factors that affect the market

REVIEW: The change of landscape – economic in Malaysia and political in the US – has kept investors on their toes in recent days, with guesses and rumours over how the upheaval will play out before the dirt settles.

New major shareholders emerge in Tatt Giap

PETALING JAYA: An off-market transaction of 18.75 million shares, or a 11% stake, in Tatt Giap Group Bhd was crossed yesterday morning at 31 sen.

Analyst Reports

MBM Resources Bhd, Petronas Dagangan Bhd, E.A. Technique (M) Bhd and Poh Huat Resources Holdings Bhd.