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PETALING JAYA: Press Metal Aluminium Holdings Bhd will likely acquire brownfield upstream assets to better manage the cost and supply of carbon anode and alumina, said Affin Hwang Capital.
PETALING JAYA: Kuala Lumpur Kepong Bhd (KLK) is expected to see a slow recovery in company earnings by the second half of financial year 2019 (H2FY19), said PublicInvest Research.
PETALING JAYA: Used motor vehicle financier ELK-Desa Resources Bhd’s earnings outlook for the second half of financial year 2019 (H2FY19) looks to be resilient, backed by the group’s vertical expansion focus in the used-car hire purchase markets while maintaining domestic dealer partnerships in its furniture business.
PETALING JAYA: Tenaga Nasional Bhd’s (TNB) share price fell 3.1% to RM14.26 yesterday, following a lacklustre set of earnings for the third quarter.
Analyst reports: E&O, Westports Holding, UEM Sunrise and Malaysian Pacific Industries Bhd
AMINVESTMENT Bank Research is maintaining its “accept offer” recommendation on Unisem at the offer price of RM3.30 per share, which represents a 32% upside from its fair value of RM2.50 per share.