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Dialog gets a boost
IN a rather sober market that has been traumatised by the escalating trade war between the US and China, Dialog Group Bhd, an oil and gas services company, is turning out to be a bright spark.
Velesto Energy 'buy', Gadang 'buy', Three-A 'outperform', Pentamaster 'add'
VELESTO ENERGY BHD: OPERATING seven jack-up (JU) rigs in Malaysian waters, Velesto is in a sweet spot, benefitting from a surge in Petronas’ yearly JU rig requirement from six to 10 and 16 to 19 for 2019 to 2021.
Malaysian rubber glove sector to gain from US-China trade war
PETALING JAYA: The Malaysian rubber glove industry is expected to be a key potential beneficiary of the US-China trade war, said CGS-CIMB.
Quick take: Dialog shares jump 10% on back of stellar Q3 results
KUALA LUMPUR: Shares in Dialog Group Bhd shot up after the opening bell on Wednesday, climbing 9% after reporting a 21% jump in earnings.
Digi eyes postpaid growth through prepaid conversion
KUALA LUMPUR: To mitigate the expected flattish year-on-year service revenue growth this year, Digi.Com Bhd is looking to grow its postpaid subscriber base through prepaid conversion.
Lacklustre financial results seen for glovemakers
Glovemaker Hartalega Holdings Bhd may be the harbinger of lacklustre financial results for the other players who will be announcing their quarterly results soon.
BAT not affected by higher tobacco imports
PETALING JAYA: The higher tobacco imports is not expected to have much impact on British American Tobacco (M) Bhd’s (BAT) bottom line, said CGS-CIMB.
Bumi Armada’s 30%-owned JV secures India FPSO project
PETALING JAYA: A joint-venture (JV) company that is 30% owned by Bumi Armada Bhd has secured a floating production, storage and offloading vessel (FPSO) contract from India’s state-owned oil company, Oil and Natural Gas Corp Ltd (ONGC).
F&N eyes new market opportunities
PETALING JAYA: Fraser & Neave Holdings Bhd’s reformulated drinks with lower sugar content could potentially open up new market opportunities in the health-conscious consumer market, according to Kenanga Research.
MPI to gain from RF demand in China
PETALING JAYA: Malaysian Pacific Industries Bhd (MPI) is a beneficiary of the expected surge in demand for radio frequency (RF) components, driven by the commercialisation of 5G network in China by 2020.
