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Sasbadi first half earnings below forecasts, says CIMB Research

KUALA LUMPUR: Educational materials publisher Sasbadi Holdings’ 1HFY8/18 net profit was below CIMB Equities Research and market expectations, at 28% of the full-year forecast, due to weaker-than-expected retail and multi-level marketing (MLM) revenue.

Sasbadi shares up 5.3% on contract win

KUALA LUMPUR: Shares of Sasbadi Holdings Bhd are rising on Wednesday after the group secured two national school Form 3 textbook contracts.

Trading ideas: Vertice, Prestariang, YFG, Boustead, Destini, Sasbadi

KUALA LUMPUR: Vertice Bhd, Prestariang Bhd, YFG Bhd, Boustead Holdings Bhd, Destini Bhd and Sasbadi Holdings Bhd are among the stocks to watch on Wednesday, according to JF Apex Research.

Sasbadi wins jobs worth RM5.8mil

PETALING JAYA: Sasbadi Holdings Bhd has bagged contracts from the Education Ministry (MoE) to publish and print science and Chinese language textbooks totalling RM5.8mil.

Trading ideas: UMW, Keck Seng, Muhibbah, Heitech Padu, Sasbadi

KUALA LUMPUR: UMW Holdings Bhd, Keck Seng (M) Bhd, Muhibbah Engineering (M) Bhd, Heitech Padu Bhd and Sasbadi Holdings Bhd are among the stocks to watch on Monday, according to JF Apex Research.

Sasbadi wins RM6.5m textbook publishing contracts

KUALA LUMPUR: Sasbadi Holdings Bhd has accepted contracts from the Ministry of Education to publish and print textbook packages for Chinese national-type primary schools in the country worth a combined sum of RM6.5mil.

Sasbadi wins RM6.5m textbook publishing contracts

KUALA LUMPUR: Sasbadi Holdings Bhd has accepted contracts from the Ministry of Education to publish and print textbook packages for Chinese national-type primary schools in the country worth a combined sum of RM6.5mil.

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Sasbadi Holdings

A bullish approach to the downtrend line

Winners and losers from interest rate hike: CIMB Research

KUALA LUMPUR: CIMB Equities Research sees the Overnight Policy Rate (OPR) hike as positive for banks, as the upward re-pricing of lending rates have historically been higher than the increase in deposit rates, leading to potential expansion in banks’ margins. Semiconductor players are also beneficiaries as they are in net cash.

Worst over for Sasbadi’s retail sales

KUALA LUMPUR: CIMB Equities Research sees the worst is over for Sasbadi Holding whose share price fell by around 30% in the past three months after 4QFY17’s net loss and concerns of further weakness in retail sales.