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Stockbrokers yet to press red button
MAJOR stockbrokers have yet to press the force selling button, which may affect as low as 20 companies and the tally may go up to 30 companies.
Guan Chong's Schokinag should boost bottomline
KUALA LUMPUR: Guan Chong Bhd's recently completed acquisition of German chocolate maker Schokinag Holding GmbH is expected to take up 50% of the group's Ivory Coast plant's capacity, which should be sufficient for it to break even, says RHB research.
Guan Chong’s earnings in 2019 at record high
KUALA LUMPUR: Cocoa grinder Guan Chong Bhd said its annual earnings jumped to a record high, as a strong sales volume mitigated the impact of increased tax provision in the last quarter.
Consumer outlook promising
PETALING JAYA: A promising outlook has been projected for the local consumer sector for this year, spurred by higher disposable income that will be driven by Budget 2020 initiatives, major sporting events and spillover from Visit Malaysia Year 2020 (VMY2020).
Quick take: Guan Chong shares continue uptrend, adding 1.61%
KUALA LUMPUR: Shares in Guan Chong Bhd continued its uptrend in early trade Thursday.
Guan Chong to ramp up production post acquisition
KUALA LUMPUR: Guan Chong Bhd’s acquisition of German firm Schokinag Holding GmbH will help the group tap into the EU market as well as minimise the risk of underutilisation at the upcoming Ivory Coast cocoa processing plant, says RHB research.
Guan Chong to ramp up production post acquisition
KUALA LUMPUR: Guan Chong Bhd's acquisition of German firm Schokinag Holding GmbH will help the group tap into the EU market as well as minimise the risk of underutilisation at the upcoming Ivory Coast cocoa processing plant, says RHB research.
Guan Chong buys German firm for RM138mil
KUALA LUMPUR: Guan Chong Bhd, the fourth largest cocoa grinder in the world, is buying an industrial chocolate maker based in Germany, expanding its downstream business following recent venture in Africa.
Yinson 'buy', Hai-O 'underperform', Top Glove 'hold', Consumer 'overweight'
YINSON’S nine-month financial year 2020 (9M20) results are deemed to be within expectations, in view of a stronger 4Q20, led by maiden contributions from floating production, storage and offloading (FPSO) vessel Helang.
Guan Chong buys chocolate maker in Germany for RM138mil
KUALA LUMPUR: Guan Chong Bhd, the fourth largest cocoa grinder in the world, is buying an industrial chocolate maker based in Germany, expanding its business in Europe following a recent venture in Africa.