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Trading ideas: TM, TNB, MBSB, Caely, UMW O&G
KUALA LUMPUR: Telekom Malaysia Bhd, Tenaga Nasional Bhd, Malaysia Building Society Bhd (MBSB) and Caely Holdings Bhd are among the stocks to watch on Wednesday, according to JF Apex Research.
Carimin, Dayang, Petra secure Petronas Carigali contract
KUALA LUMPUR: Petronas Carigali Sdn Bhd has awarded a contract to five local companies to provide maintenance, construction and modification services (MCM) at its offshore facilities in Peninsular Malaysia, Sabah and Sarawak.
Petra Energy bags MCM contract from Petronas
KUALA LUMPUR: Petra Energy Bhd has emerged as one of the companies that have secured a maintenance, construction and modification (MCM) service contract from Petronas Carigali, with its work package focusing on offshore Sabah.
Trading ideas: Deleum, Talam, Pestech, Marine & General, Perisai
KUALA LUMPUR: Deleum, Talam Transform, Pestech International and Marine & General are among the stocks to watch on Thursday, according to JF Apex Research.
Deleum subsidiary wins Petronas Carigali contract
PETALING JAYA: Deleum Bhd, through 60%-owned subsidiary Deleum Primera Sdn Bhd, has become the third listed company in the last one week to announce that it has been awarded a Petronas Carigali Sdn Bhd contract to provide maintenance, construction and modification (MCM) services.
Deleum emerges as third winner of Petronas’ MCM services contract
KUALA LUMPUR: Deleum Bhd, through 60%-owned subsidiary Deleum Primera Sdn Bhd, has become the third listed company in the last one week to announce that it has been awarded a Petronas Carigali Sdn Bhd contract to provide maintenance, construction and modification (MCM) services.
Support Line
DELEUM touched a low of 75.5 sen in mid-August on bearish extended move – the worst level since March 2013 – before bouncing off to achieve a three-month high of 94 sen during intra-day session in the wake of fresh bargain-hunting buying.the 100-day simpole moving average of 88 sen, followed by the 82 sen-84 sen band.
Oil and gas shares back on investors’ radar
After more than three years stuck in the doldrums, the oil and gas (O&G) industry seems to be back on investors’ radar. This week, several O&G service providers made into the top volume list, as the price of oil heads for its third weekly gain.
Trading ideas: AmBank, RHB Bank, Perisai, Techfast
KUALA LUMPUR: JF Apex Research expects AmBank, RHB Bank, Perisai Petroleum and Techfast as among the stocks to watch on Wednesday after the fresh corporate news.