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Cautious start for KLCI on Thursday, MRCB in focus
KUALA LUMPUR: Blue chips fell early Thursday after two pyrrhic days of struggle to return in the positive zone as the lack of strong rerating catalysts and leads by local institutions weighed on the market.
Trading ideas: Deleum, Talam, Pestech, Marine & General, Perisai
KUALA LUMPUR: Deleum, Talam Transform, Pestech International and Marine & General are among the stocks to watch on Thursday, according to JF Apex Research.
Pestech lands RM50mil project from Phillippine electric utility firm
KUALA LUMPUR: Pestech International Bhd has clinched its second power infrastructure project from the National Grid Corp of the Philippines (NGCP), this time a RM50.2mil contract to install secondary devices for the Calamba 230kV substation project in Luzon.
Tenaga is Kenanga Research’s top pick among power utilities
PETALING JAYA: Kenanga Research remains positive on the power utilities sector and advised investors to accumulate in view of the current price weakness.
Trading ideas: MRCB, KL Kepong, Tenaga, Pestech
KUALA LUMPUR: JF Apex Research expects Malaysian Resources Corporation Bhd (MRCB), Kuala Lumpur Kepong (KLK), Tenaga Nasional, Pestech International, SamChem, Eversendai and AWC to be among the stocks to watch on Wednesday.
Pestech unit wins TNB job
PETALING JAYA: Pestech International Bhd’s unit has been awarded a contract worth RM79.5mil by Tenaga Nasional Bhd (TNB).
TNB awards contracts totalling RM120mil to MRCB and Pestech
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has awarded a RM40mil construction contract to Malaysian Resources Corp Bhd (MRCB) and a RM79.5mil power system installation contract to Pestech International Bhd.
Positive outlook forecast for power sector in second half
PETALING JAYA: The power utilities sector remains positive given its defensive earnings with good visibility, despite a challenging second half envisioned for industry players, said Kenanga Research.
Trading ideas: Mah Sing, YTL Reit, KPJ Healthcare
KUALA LUMPUR:Mah Sing, YTL Hospitality Reit, KPJ Healthcare and RCE Capital are among the stocks which could see trading interest on Monday after their corporate news, says JF Apex Research.
