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Corporate News 15 Mar 2017 | 2:21 AM

AmInvestment stays Neutral on oil and gas sector, prefers Dialog and Yinson

KUALA LUMPUR: AmInvestment Research is retaining its Neutral outlook on the oil and gas sector as persistent low asset utilisation levels could still lead to negative cash outflows in the first half of 2017.

Corporate News 09 Mar 2017 | 12:54 AM

Trading ideas: IWC, Alam Maritim, LBS Bina, GHL Systems

KUALA LUMPUR: JF Apex Research expects IWC, Alam Maritim, LBS Bina and GHL Systems to be among the stocks to watch on Thursday.

Business 09 Mar 2017 | 12:00 AM

Alam Maritim gets RM34mil FPSO contract

PETALING JAYA: Alam Maritim Resources Bhd’s unit Alam Maritim (M) Sdn Bhd has been awarded a RM34mil contract as a subcontractor to help construct the floating production, storage and offloading vessel Perisai Kamelia by a reputable contractor.

Business 04 Mar 2017 | 12:00 AM

Worst over for banks, O&G firms?

BANKS and oil and gas companies made record provisions for bad debts in 2016 and have probably seen the worst in this aspect, at least for now.

Corporate News 15 Feb 2017 | 2:45 AM

Firmer start for Bursa, Genting leads while ringgit flat

KUALA LUMPUR: Bursa Malaysia chalked up some mild gains on Wednesday, with Genting Bhd and Petronas Gas taking the lead, while the ringgit was flat against the US dollar.

Business 04 Jan 2017 | 3:00 AM

AmInvestment: Crude oil price to average US$45-US$50 per barrel in 2017

KUALA LUMPUR: AmInvestment Bank expects oil price dynamics to remain uncertain and volatile in 2017 and maintained its oil price projection of an average of US$45 to US$50 per barrel in 2017 compared to US$43 per barrel in 2016.

Commodities 02 Dec 2016 | 12:00 AM

Oil and gas stocks rise on Bursa Malaysia on supplies cut pact

PETALING JAYA: The surprise agreement by the Organisation of the Petroleum Exporting Countries (Opec) to reduce oil production sparked a rally in crude prices as well as Bursa Malaysia’s oil and gas (O&G) counters.

Business 29 Nov 2016 | 12:00 AM

Opec heat on O&G stocks

KUALA LUMPUR: Oil and gas (O&G) counters retreated ahead of a key meeting by members of the Organisation of the Petroleum Exporting Countries (Opec) to deliberate on the production of oil, something which would have long-term implications on crude oil prices

Corporate News 28 Nov 2016 | 12:51 AM

Trading ideas: Sime Darby, Tune Protect, Chin Hin, Mega First

KUALA LUMPUR: JF Apex Research expects Sime Darby, Tune Protect, Chin Hin, Mega First, Kerjaya Prospeck, Sunway and Mah Sing to be among the stocks to watch on Monday after their improved quarterly earnings.

Business 08 Oct 2016 | 12:00 AM

Budget 2017 expectations

What the budget can offer on the way towards a balanced status.