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Sasbadi sees better results next year despite weak outlook

PETALING JAYA: Sasbadi Holdings Bhd expects to see better results in the year ahead despite the weak retail market outlook for 2018.

Trading ideas: HLFG, Sasbadi, UEM Edgenta, ECS ICT, Kronologi

KUALA LUMPUR: Hong Leong Financial Group Bhd (HLFG), Sasbadi Holdings Bhd, UEM Edgenta, ECS ICT and Kronologi Asia Bhd are among the stocks to watch on Friday, according to JF Apex Research.

Sasbadi unit signs distribution deal with MCE

KUALA LUMPUR: Sasbadi Holdings Bhd’s unit, Malaysian Book Promotions Sdn Bhd, has signed a distribution agreement with Singapore-based Marshall Cavendish Education Pte Ltd (MCE) for certain MCE-published titles in Malaysia.

Sunway REIT 'hold', Sasbadi 'add', Perstima 'fully valued', Press Metal 'buy'

SUNWAY REIT’s financial result in the first quarter (Q1) of financial year 2018 (FY18) has exceeded expectations, according to Hong Leong Investment Bank (HLIB) Research.

KLCI starts November on downbeat note, Ekovest in focus

KUALA LUMPUR: Blue chips slumped early Wednesday, extending their decline from the previous day and casting a pall of gloom over the broader market as trading in November got underway while Ekovest and Iskandar Waterfront Holdings came under selling pressure.

Cautious sentiment to dampen gains in Q4

KUALA LUMPUR: JF Apex Research has reiterated its Neutral view on the local bourse and maintained its year-end 2017 FBM KLCI target of 1,740 points and set a 2018 KLCI year-end target of 1,860 points.

Sasbadi bounces off one-month low, climbs to 90 sen

KUALA LUMPUR: Sasbadi Holdings Bhd, which publishes educational materials, saw its share surge to a more than one month high of 90 sen on Friday as analysts turned positive about its outlook.

CIMB Research retains end-2017 KLCI target of 1,790

KUALA LUMPUR: CIMB Equities Research is maintaining its end-2017 FBM KLCI target of 1,790, which is still based on a three-year average price-to-earnings (P/E) of 16 times.

HLIB neutral on Sasbadi's Chuck Chicken MoU

KUALA LUMPUR: Hong Leong Investment Bank (HLIB) Research in its morning report today says it is neutral on the memorandum of understanding (MoU) between Sasbadi Sdn Bhd and Animasia Studio Sdn Bhd.

Analyst reports