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The Week That Was - Stimulus, PNB, Felda, Glove exports
THE government, on Wednesday, launched a sixth stimulus package since March last year, as policymakers concentrate on targeted measures to boost the economy hammered by the pandemic
Jalil: Nobody will spoon-feed your way to success
PETALING JAYA: Newly appointed Berjaya Corp Bhd (BCorp) CEO Jalil Rasheed said curiosity, hard work and networking are among the key factors that have shaped his career.
Trading ideas: Nestle, PetChem, IOI Corp, SunCon, AT Systematization
KUALA LUMPUR: Stocks to watch on Wednesday include Nestle (M) Bhd, Petronas Chemicals Group Bhd, IOI Corp Bhd, Leong Hup International Bhd, Sunway Construction Group Bhd and AT Systematization Bhd, according to JF Apex Research.
BToto sees higher earnings
PETALING JAYA: Berjaya Sports Toto Bhd’s (BToto) net profit for its second quarter ended Dec 31,2020 rose to RM65.06mil from RM61.94mil in the previous corresponding period, mainly due to lower prize payouts as well as lower operating expenses incurred during the period.
Berjaya Sports Toto posts higher 2Q net profit of RM65m
KUALA LUMPUR: Berjaya Sports Toto (M) Bhd posted net profit of RM65.06mil in the second quarter ended Dec 31,2020, an increase of 5% from RM61.94mil a year ago due to higher pre-tax profit from iH.R. Owen Plc (H.R. Owen).
Summary of business stories from Feb 15 to 20
Public Bank, glove makers, jobs in demand during Covid-19 and Proton
Trading ideas: Genting Malaysia, Kossan, Careplus, KPJ, Magnum, BToto
KUALA LUMPUR: Genting Malaysia Bhd, Kossan Rubber Industries Bhd, Careplus Group Bhd, KPJ Healthcare Bhd, Magnum Bhd and Berjaya Sports Toto Bhd are among the stocks to watch on Wednesday, according to JF Apex Research.
Numbers forecast operators’ core EPS could be hit
PETALING JAYA: Numbers forecast operators’ (NFOs) 2021 core earnings per share (EPS) could be hit by up to 27%, as a result of the operational disruptions caused by the reimplementation of the movement control order (MCO).
Strong recovery predicted for number forecast operators
PETALING JAYA: The number forecast operators (NFOs) may be facing a tough time now with the latest movement control order (MCO), but given the inelastic nature of their business, ticket sales are likely to recover strongly once all the outlets are allowed to reopen.
Gaming sector, numbers forecast operators might take hit from MCO
DUE to the second movement control order (MCO 2.0), gaming and numbers forecast operators (NFOs) will see hits to their earnings for financial year 2021 (FY21), say financial analysts.
