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AmInvest Research starts coverage of Power Root, FV RM2.20
KUALA LUMPUR: AmInvestment Bank Research has initiated coverage on Power Root with a buy recommendation and a fair value of RM2.20.
KLCI snaps three-days of gains as concern mounts over Syria
KUALA LUMPUR: The local bourse started on a positive note before slipping into the red by the late morning session as investors weighed in on the threat of US military action in Syria.
Analyst reports
UOB Kay Hian said Astro is oversold following the 33% share price retracement in the year-to-date basis (versus the FBM KLCI’s 3.6% gain).
Tech stocks advance while KLCI climbs early Wednesday
KUALA LUMPUR: Technology stocks advanced early Wednesday, underpinned by gains in KESM, MPI and Globetronics while the FBM KLCI continued to chalk up gains following the positive overnight close on Wall Street.
Kenanga maintains outperform on Power Root
KUALA LUMPUR: Kenanga Research has maintained outperform on Power Root Bhd with a lower target price of RM1.65 from RM2 as it revalues the stock as 15.0x price-earnings following the de-rating of small cap stocks.
988 launches its 2018 CNY album
PETALING JAYA: Chinese language radio station 988 has launched its 2018 Chinese New Year album.
988 launches Chinese New Year album
PETALING JAYA: Radio station 988 launched its 2018 Chinese New Year album on Tuesday (Dec 12).
KLCI steady early Tuesday, OldTown in focus
KUALA LUMPUR: Blue chips were steady in early Tuesday trade but the lack of leads from funds would keep the FBM KLCI in a tight range while OldTown was in focus after it received a takeover offer from a Dutch company.
Brewing up some interest
KUCHING: Power Root Bhd is embarking on a series of roadshows to reach out to the community with celebrity Alif Satar, the newly-appointed ambassador for its Alicafe brand of coffee.
Housewife powers up her new wheels
WORDS could not describe how Nur Amalina Harun from Setiu, Terengganu felt, as she was speechless when she was named the grand prize winner of the Power Root Bonanza Contest.
