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PETALING JAYA: The National Automotive Policy (NAP) is expected to focus on four key areas to set the long-term direction and strategies for the sector until 2030.
KUALA LUMPUR: AmInvestment Research is maintaining its underweight call on APM Automotive but raised its fair value to RM2.34 from RM2.30 previously based on a rolled-over valuation to FY20 with a price-to-earnings (PE) of 11 times.
Challenges for immigration system
KUALA LUMPUR: Malaysian Bulk Carriers Bhd (Maybulk), Tan Chong Motor Holdings Bhd, Sunway Construction Group Bhd (SunCon), APM Automotive Holdings Bhd, UEM Edgenta Bhd and GD Express Carrier Bhd (GDex) are among the stocks to watch, according to JF Apex.
KUALA LUMPUR: RAM Ratings expects APM Automotive Holdings Bhd to continue delivering a healthy operational performance over the medium term, despite facing stiff competition and increasingly higher costs.
KUALA LUMPUR: Affin Hwang Capital Research expects momentum in the automotive sector to remain strong for the remaining two months of the year, supported by new model launches and year-end campaigns.
KUALA LUMPUR: The FBM KLCI continued to fall in morning trade following the previous day's steep 10.62-point decline, as heavyweights Sime Darby and Genting led losses.
KUALA LUMPUR: APM Automotive Holdings Bhd registered one of its weakest quarters with core earnings declining 74% year-on-year (y-o-y) to RM3.4mil in Q2FY17.
KUALA LUMPUR: JF Apex Research expects TM Life Sciences, APM Automotive and Perstima to be among the stocks which could see trading action on Monday.