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THE recovery in the oil and gas (O&G) sector will be slow and gradual, and uncertainties still linger on the supply side.
KUALA LUMPUR: Stocks to watch on Tuesday include AirAsia X Bhd, Hartalega Holdings Bhd, Luxchem Corp Bhd, Ivory Properties Group Bhd, Ta Win Holdings Bhd, Ta Win Holdings Bhd and Deleum Bhd, according to JF Apex Research.
Company expected to see income recovery in Q3
KUALA LUMPUR: UOB Kay Hian Malaysia Research keeps Dialog as a defensive buy as it still sees value in Dialog Group Bhd as it is the only listed proxy to storage.
KUALA LUMPUR: Shares of oil and gas companies on Bura Malaysia fell in late morning trade on Tuesday after US light crude oil prices saw a historic plunge below zero and impacting key Asian markets.
KUALA LUMPUR: Stocks to watch for on Friday include Ekovest Bhd, Boustead Plantations, Malaysian Resources Corp Bhd’s (MRCB), WCT Holdings Bhd, Hibiscus Petroleum Bhd and Deleum Bhd, according to JF Apex Research.
KUALA LUMPUR: Affin Hwang Capital Research retains Buy calls on Dialog, Serba Dinamik, Velesto Energy, Bumi Armada and Kelington as it maintains its Neutral stance on the oil and gas sector.
KUALA LUMPUR: Kenanga Research is retaining its underperform recommendation on Dayang Enterprise due to a share dilution arising from the fund-raising exercises, coupled with the under-whelming results.
PETALING JAYA: Mega greenfield project awards in the oil and gas (O&G) sector this year will be disappointing as local capital expenditure (capex) spending is expected to be largely focused on maintenance and brownfield works, said a research house.