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Corporate News 13 Nov 2014 | 12:00 AM

Analysts still positive on Genting despite Genting S’pore downer

PETALING JAYA: Analysts are still upbeat on Genting Bhd’s potential foreign ventures and are maintaining their ratings on the company despite the steeply lower net profit reported by Genting Singapore Plc.

Business 12 Nov 2014 | 9:22 AM

Affin Hwang maintains Buy on Genting

KUALA LUMPUR: Affin Hwang Research has maintained its Buy call on Genting Bhd with an unchanged target price of RM11.90 and has made no changes to its earnings forecasts.

Business 04 Nov 2014 | 11:05 AM

Affin Hwang Research maintains Add for IJM Plantations

KUALA LUMPUR: Affin Hwang Investment Research is maintaining its Add rating for IJM Plantations but lowered the target price to RM3.63 from RM3.71.

Business 03 Nov 2014 | 9:05 AM

Affin Hwang Research maintains Buy on Tenaga

KUALA LUMPUR: Affin Hwang Research has maintained its Buy call on Tenaga with a target price of RM16.50 from RM14.70, reflecting the 14%-16% increases to its FY15 016E earnings after imputing a lower effective tax rate of 15% due to reinvestment allowances and our assumption of lower coal costs of US$80/MT.

Business 23 Oct 2014 | 12:00 AM

No big rise in glove demand

PETALING JAYA: Despite news that the Ebola virus has spread beyond western Africa to Europe and the United States, Malaysian glovemakers say they have yet to see demand for their rubber gloves pick up like it did during the avian flu and SARS outbreaks of recent years.

Business 17 Oct 2014 | 4:25 PM

Inari rebounds as market sentiment perks up

KUALA LUMPUR: Inari Amertron’s shares and warrants staged a technical rebound on Friday in line with the firm market sentiment after the recent selldown.

Business 16 Oct 2014 | 9:11 AM

Affin Hwang Research keeps Buy on Ta Ann

KUALA LUMPUR: Affin Hwang Research is maintaining its but on Ta Ann Holdings with a target price of RM4.63, which is an upside of 21.5%.