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KUALA LUMPUR: RHB Research is seeing growth headwinds for OCK Group Bhd as it factors in the political and execution risks following the military coup in Myanmar.
KUALA LUMPUR: OCK Group Bhd's Cambodian unit's suit against Nokia Shanghai Bell Co., Ltd and branch of Alcatel-Lucent Shangai Bell Co., Ltd over the breach of the subcontract agreement signed in April 2014 has been concluded.
Stocks on Bursa Malaysia are off to a rocky start in 2015. It’s a continuation of what has been happening late last year when the decline in crude oil prices and the prospects of a better economy and higher interest rates in the US meant that there was an exodus of foreign money from the local stock market.
Genting Group subsidiary Genting Singapore (GENS) reported a 2019 core profit after tax and minority interest (Patami) of S$705mil, a decline of 8% year-on-year (y-o-y), which was within expectations, as it constituted 104% and 103% of Affin Hwang IB and consensus forecasts.
PETALING JAYA: OCK Group Bhd is eyeing additional jobs from the government’s National Fiberisation and Connectivity Plan (NFCP) 2 through a partnership with a telecommunications service provider (telco), according to RHB Research.
KUALA LUMPUR: Kenanga Investment Bank Research is upgrading its recommendation on OCK Group Bhd on expectations that the second half of the year will offset the recent weakness.
KUALA LUMPUR: RHB Investment Bank Research has kept OCK Group Bhd as its top sector pick despite expectations of weaker revenue and profit after tax in its upcoming earnings result, scheduled for Aug 27.
ALLIANCE DBS Research has maintained its “hold” call on Muhibbah Engineering, saying it was cautious of the company’s thinning orderbook balance. The research house said more job wins were needed to provide a comfortable degree of earnings visibility.
KUALA LUMPUR: Kenanga Research expects OCK Group Bhd's overall earnings to remain highly sustainable due to solid recurring revenue streams and potential benefit from upcoming government initiatives.
ON Wednesday, one stock on an otherwise lacklustre local bourse, went into overdrive. The company was Opcom Holdings Bhd, which manufactures fibre-optic cables and cable-related products.