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Business

RHB Research: Possible re-rating for Paramount Corp

PETALING JAYA: RHB Research sees a possible re-rating for Paramount Corp Bhd given that earnings contribution from the education division will be more significant after the acquisition of REAL Education Group Sdn Bhd.

Business

Trading ideas: Scanwolf, Sasbadi, Mudajaya, Sunsuria, NTPM

KUALA LUMPUR: JF Apex Research expects Scanwolf, Sasbadi, Mudajaya, Sunsuria and NTPM to be among the stocks to watch on Monday.

Business

Tenaga, Maybank lift KLCI early Friday

KUALA LUMPUR: Fund nibbling of Tenaga Nasional and Malayan Banking (Maybank) helped the FBM KLCI extend its gains while oil prices edged higher as OPEC and Russia agreed to cut back their output to steady oil prices.

Business

CIMB Research adds DRB-Hicom, Bonia, Sasbadi to its small cap picks

KUALA LUMPUR: CIMB Equities Research has added DRB-Hicom, Bonia Corp, Sasbadi and Karex to its top small cap picks, replacing AWC, Berjaya Food, Prestariang and BioAlpha.

Business

MISC, HLFG weigh on KLCI, oil rebounds

KUALA LUMPUR: Shares of MISC and Hong Leong Financial Group weighed on blue chips at midday on Thursday as the broader market weakened, in line with the cautious key regional bourses ahead of the US presidential elections on Nov 8.

Business

AllianceDB raises Sasbadi target price to RM1.58

PETALING JAYA: Despite Sasbadi Holdings Bhd registering a below-expectation core earnings of RM12.5mil for the fourth quarter of financial year 2016(4QFY16), AllianceDBS Research remains positive on its earnings prospects.

Business

Trading Ideas: AirAsia, AirAsia X, MAHB, Titijaya, Ekovest, Sasbadi, Maxis

KUALA LUMPUR: JF Apex Research expects AirAsia, AirAsia X, MAHB, Titijaya, Ekovest, Sasbadi to be among the stocks to watch on Tuesday following their corporate news.

Business

Trading ideas: UMW OG, Sasbadi, Perisai, TH Heavy, Destini

KUALA LUMPUR:UMW Oil & Gas, Sasbadi, Perisai Petroleum, TH Heavy Engineering (THHE) and Destini are among the stocks which could see trading action on Friday after their corporate news, says JF Apex Research.

Corporate News

Sasbadi gets RM3.8mil deal to supply Lego Education sets to schools

KUALA LUMPUR: Sasbadi Holdings Bhd will supply Lego Education robotics sets to primary and secondary schools in Malaysia for the expansion of the robotics programme.

Business

Trading ideas: BAT, Country View, Globetronics, Yinson, Sasbadi

KUALA LUMPUR: BAT, Country View, Globetronics, Yinson and Sasbadi are the among the stocks to watch on Wednesday after their corporate announcements and news reports, says JF Apex Research.