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Analyst Reports 06 Aug 2014 | 8:28 AM

CIMB Research downgrades MMHE from Hold to Reduce

KUALA LUMPUR: CIMB Equities Research has downgraded Malaysia Marine and Heavy Engineering (MMHE) from Hold to Reduce after the release of the weak results for the first half ended June 30, 2014 (H1 FY14).

Business 01 Jun 2015 | 8:37 AM

CIMB Research retains Reduce on TH Heavy

KUALA LUMPUR: CIMB Equities Research said TH Heavy Engineering missed both its and consensus’ forecasts by posting a 1Q15 net loss of RM19mil as its fabrication order book dwindled to RM210mil on completion of key contracts in FY14 and in the absence of new sizeable contracts.