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KUALA LUMPUR: AmInvestment Research is maintaining its Underweight call and forecasts for Econpile but raise its fair value to 34 sen based on eight times fully diluted CY20F EPS of 4.25 sen.
KUALA LUMPUR: Stocks that may be seeing trading interest on Monday include KNM, Petronas Chemicals, Econpile and Digi, according to JF Apex research.
KUALA LUMPUR: Piling and foundation specialist, Econpile Holdings Bhd, has bagged a RM44mil contract to undertake demolition, earthworks, piling and substructure works for the Tropicana Gardens mixed development in Kota Damansara.
KUALA LUMPUR: Shares of Econpile Holdings Bhd climbed 1.4% and extended their gains into the second session after the company bagged a contract worth RM20.8mil.
KUALA LUMPUR: JF Apex Research expects Hibiscus Petroleum Bhd, Econpile Holdings Bhd, OCK Group Bhd, Priceworth International Bhd and Southern Steel Bhd to be among the stocks to watch on Tuesday following their latest news.
KUALA LUMPUR: JF Apex Research expects Marine & General Bhd, Cahya Mata Sarawak Bhd (CMS), Fajarbaru Builder Group Bhd, Handal Resources Bhd and Serba Dinamik Holdings Bhd are among the stocks to watch on Tuesday.
PETALING JAYA: Piling and foundation specialist Econpile Holdings Bhd has bagged new contracts cumulatively worth RM638.6mil in the financial year ending June 30, 2019 to date, the company said in a statement yesterday.
KUALA LUMPUR: CIMB Equities Research sees the order book replenishment outlook for contractors across the board (on account of the reinstatement of cancelled/ deferred jobs) has greatly improved compared to a year ago.
KUALA LUMPUR: Shares of Econpile Holdings Bhd shed more than 3% in early trade Monday despite news on potential revival of several key infrastructure projects.
PETALING JAYA: Foreign funds will possibly make their way back to Malaysia by the third quarter of this year to take advantage of the current reasonable valuation and cheap ringgit, says online equity broker Rakuten Trade.