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KUALA LUMPUR:Kenanga Research said Magnum Bhd's 1H18 net profit that came in slightly-below-expectations is not alarming as it was due to higher taxation.
PETALING JAYA: The relatively unexciting growth rate and possible pressure on margins due the implementation of the Goods and Services Tax (GST) are among the reasons for analysts to take a “neutral” view on the gaming sector.
KUALA LUMPUR: Kenanga Research is bullish on gaming counters, especially casino operators, as borders re-open with the vaccine rollout in 2021.
KUALA LUMPUR: There could be a buying opportunity in Bursa Malaysia's gaming counters following the recent dip in share prices due to Omicron concerns, says RHB Research, which has an "overweight" call on the sector.