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SCIB keeps RM1.5bil order book target, as Q1 profit soars
KUALA LUMPUR: Sarawak Consolidated Industries Bhd (SCIB) said it is on track to achieve an internal target to secure RM1.5bil worth of contracts this year after the company reported a strong first quarter results.
Trading ideas: Eversendai, Kejuruteraan Asastera, MAHB, Scientex
KUALA LUMPUR: JF Apex Research expects Eversendai Corp Bhd, Kejuruteraan Asastera Bhd, Malaysia Airports Holdings Bhd (MAHB), Scientex Bhd and Sime Darby Plantation Bhd to be among the stocks to watch on Thursday.
Eversendai order book at RM2.7bil
KUALA LUMPUR: Eversendai Corp Bhd has secured RM490mil worth of projects in Morocco, Qatar and Saudi Arabia.
Eversendai bags RM490m jobs, orderbook at RM2.69b
KUALA LUMPUR: Eversendai Corporation Bhd has secured RM490.10mil worth of projects in Morocco, Qatar and Saudi Arabia.
Affin Hwang upgrades Astro to Buy, TP at RM1.62
KUALA LUMPUR: Affin Hwang Capital research has upgraded Astro Malaysia Holdings Bhd to a buy call with a higher target price of RM1.62 as its 6MFY20 core net profit came in better than expected.
Advertising sector to remain challenging in H2
PETALING JAYA: The outlook of the advertising industry for the second half of the year looks challenging as in the first half.
Astro net profit at RM118mil
PETALING JAYA: Astro Malaysia Holdings Bhd’s net profit for its fourth quarter ended Jan 31, 2019 dropped to RM118.40mil from RM181.79mil in the previous corresponding period, mainly due to higher net finance costs.
NFO sales rebound
PETALING JAYA: Industry gross number forecast operator (NFO) sales are on a rebound, following active enforcement by the authorities to stamp out illegal gambling activities.
Maybank IB remains positive on Genting, Genting Singapore
KUALA LUMPUR: Genting Malaysia Bhd's FY19 earnings are expected to fall 25% year-on-year on the higher RWG casino duty rates, said Maybank Investment Bank research.
