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KUALA LUMPUR: AmInvestment Research is maintaining its “underweight” call and forecasts for Econpile but is raising its fair value to 34 sen, based on eight times fully diluted 2020 earnings per share of 4.25 sen.
KUALA LUMPUR: AmInvestment Research is maintaining its Underweight call and forecasts for Econpile but raise its fair value to 34 sen based on eight times fully diluted CY20F EPS of 4.25 sen.
PETALING JAYA: Serba Dinamik Holdings Bhd is expected to achieve its outstanding order book target of RM10bil by the end of fiscal 2019 (FY19) given the pace of its recent contract wins.
KUALA LUMPUR: Shares of Kuala Lumpur Kepong Bhd fell to a low of RM21.20 at midday on Friday, the lowest since Jan 27,2016, on news that a foreign shareholder had exited.
KUALA LUMPUR: The FBM KLCI continued its fall on Friday to a fresh multi-year low on the back of losses in banking stocks and a major plantation counter
KUALA LUMPUR: Poultry company Leong Hup International Bhd saw its shares climb to a high of 87 sen on Tuesday after Credit Suisse initiated coverage with an outperform call and a target price of RM1.
KUALA LUMPUR: Telekom Malaysia Bhd is stepping up its promotional efforts to drive new Unifi subscription rates, says AmInvestment research.
KUALA LUMPUR: AmInvestment Research has initiated coverage of MMC Corporation (MMC) with a Buy recommendation and fair value of RM1.66 based on sum-of-parts (SOP) valuations.
KUALA LUMPUR: AmInvestment Research expects Petroliam Nasional’s (Petronas) capital expenditure (capex) spending, which fell in the first half of 2019, to to sequentially stabilise on a quarter-on-quarter (QoQ) basis next year with more positive bias.
KUALA LUMPUR: AmInvestment research has raised its FY20/21 earnings forecast on Bursa Malaysia Bhd following its move to acquire the remaining 25% stake in Bursa Malayisa Derivatives.