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KUALA LUMPUR: PublicInvest Research maintained its outperform call on SCGM Bhd with a lower target price of RM2.47 from RM3.02 previously on weaker-than-expected earnings results.
PETALING JAYA: Integrated oil and gas (O&G) company Sapura Energy Bhd will have to tweak its plan for a separate listing of its exploration and production (E&P) division on Bursa Malaysia after an earlier proposal was shot down by market regulators.
PETALING JAYA: Stock illiquidity and rising market uncertainties are seen as reasons behind the unexpected strong showing of several foreign-controlled food and beverage (F&B) stocks, which have continued to record new highs.
PETALING JAYA: Maybank Investment Bank Research foresees Top Glove Corp Bhd’s upcoming second-quarter earnings to be flattish and within expectations.
PETALING JAYA: AmInvestment Research has maintained its hold call on Econpile Holdings Bhd as well as its forecasts and fair value of 86 sen based on a 14 times calender year 2018 estimated earnings per share of 6.15 sen.
HONG KONG: Bitcoin, battered by warnings about volatility and bubble-like appreciation, may have found a way to play a niche role in a big market: overseas money transfers. The cryptocurrency circumvents banks’ transaction fees.