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PETALING JAYA: Electronics manufacturing services (EMS) companies are likely to see further earnings declines following the extension of the government’s movement control order (MCO), which has halted production at their facilities.
KUALA LUMPUR: Electronics manufacturing services companies (EMS) are likely to see further earnings declines following the extension of the government's movement control order, which has halted production at their facilities.
PETALING JAYA: The local construction sector could experience delays in public-sector project awards following the recent change in government.
KUALA LUMPUR: Prospects for the construction sector are expected to be muted moving forward in 2020 as it continues to retreat from a supercycle fuelled by debt-funded public infrastructure projects, says AmInvestment Bank research.
KUALA LUMPUR: Kenanga Investment Bank Research keeps its underweight call on healthcare, building materials and neutral on ports & logistics, aviation, Malaysian REITS, plastics and packaging and media.
PETALING JAYA: The prospects for companies involved in the construction industry appear to be unexciting as the country steps into 2020.
KUALA LUMPUR: AmInvestment Research is maintaining its Underweight for the building material sector.
SHAH ALAM: Gamuda Bhd intends to grow overseas contribution to its construction business to 50% within the next three years from 20% currently, underpinned by projects in Australia, Taiwan and Singapore.
KUALA LUMPUR: AmInvestment Research is maintaining its Underweight call, forecasts and fair value of 34 sen for Econpile based on eight times fully diluted CY20F EPS of 4.25 sen.
KUALA LUMPUR: AmInvestment Bank Research expects Sunway Construction Bhd’s (SunCon) results for the nine months of financial year 2019 (FY19) to fall short of market estimates due to the slow progress in the Light Rail Transit 3 (LRT3) project.