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KUALA LUMPUR: Dagang Nexchange Bhd (DNeX), Eita Resources Bhd and London Biscuits Bhd are among the stocks to watch on Wednesday, according to JF Apex Research.
KUALA LUMPUR: PublicInvest Research has maintained its neutral call on London Biscuits Bhd over near-term sales translating into earnings improvements due to production set-up costs and promotion expenses.
LONDON Biscuits Bhd (LBB) has proposed to undertake a 10% private placement, a one-for-three renounceable rights issue with one-for-one free detachable warrants and a one-for-one bonus issue
THE meek response to an offer from the major shareholder of Rex Industries Bhd to mop up the rest of the shares is a firm indication that the market feels the value of the company is much higher than what is on the table.
WHILE the after-effects of recession in 2010 had left many fast-moving consumer goods (FMCG) companies hurt and looking for ways to cut costs, the weaker ringgit against the US dollar is certainly proving to be exciting for food manufacturer Kawan Food Bhd.