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All eyes on electronics manufacturing services
PETALING JAYA: The electronics manufacturing services (EMS) industry has been gaining more attention from analysts of late, with two research houses having initiated coverage on the sector in the past month.
Globetronics prepares for new smartphone releases
GEORGE TOWN: Global smartphone sales are picking up, latest industry data shows, and that is good news for component supplier Globetronics Technology Bhd.
Globetronics hit by weak earnings
PETALING JAYA: Globetronics Technology Bhd share price was hit following a weak set of earnings announced by the company, which was below consensus estimatesPETALING JAYA: Globetronics Technology Bhd share price was hit following a weak set of earnings announced by the company, which was below consensus estimates
CIMB extends rally, lifts KLCI
KUALA LUMPUR: CIMB and HLFG helped underpin the FBM KLCI's firmer close on Wednesday though the broader market showed signs of caution due to the weaker key Asian bourses.
CIMB leads blue chips higher amid mixed broader market
KUALA LUMPUR: Sustained buying of CIMB, Petronas Dagangan and plantations helped the FBM KLCI to extend its gains early Wednesday amid a mixed broader market.
Quick take: Globetronics Q3 earnings send stocks lower
KUALA LUMPUR: Shares in Globetronics Technology Bhd fell more than 2% in early market trading Wednesday after announcing a 19% drop in its earnings in the third quarter ended Sept 30.
Trading ideas: Malakoff, Globetronics, Axis Reit, Maybank, Gagasan Nadi
KUALA LUMPUR: Stocks that may be seeing trading interest on Wednesday include Malakoff Corp Bhd, Axis Real Estate Investment Trust (Axis REIT), Globetronics Technology Bhd, Malayan Banking Bhd (Maybank) and Gagasan Nadi Cergas Bhd, according to JF Apex Research.
Maybank IB Research retains Sell on Globetronics
KUALA LUMPUR: Maybank Investment Bank Research is retaining its Sell call on Globetronics Technology due to lofty valuation and limited near-term upside catalysts.
Globetronics Q3 net profit down 20%
PETALING JAYA: Globetronics Technology Bhd saw its year-on-year net profit and revenue falling by double digits in its third quarter ended September 2019 (3Q19).
Cable car station to be near gardens
ATTENDEES at a dialogue on Penang transport issues enjoyed a tell-all session by Chief Minister Chow Kon Yeow who spent over an hour with them and gave much-awaited updates on the state’s public transport plans.