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Kenanga expects further sales recovery for JHM
KUALA LUMPUR: Kenanga Research anticipates earnings growth for JHM Consolidation Bhd in 4QFY20 as orders from key customers have returned to pre-Covid levels while the final quarter is seasonally strong for the group.
Kenanga upgrades Yinson to 'outperform'
KUALA LUMPUR: Kenanga Investment Bank Research has upgraded Yinson Holdings Bhd to "outperform" as it expects the group to secure at least one new contract during the year.
Hartalega chairman buys 300,000 shares for RM3.37m
KUALA LUMPUR: Hartalega Holdings Bhd chairman Kuan Kam Hon signalled his faith in his company with the direct purchase of 300,000 shares from the open market last Friday.
All 4 big glove stocks offer plenty of upside: Kenanga
KUALA LUMPUR: Kenanga Investment Bank Research is retaining its outperform calls on the top four glove makers – Top Glove, Hartalega, Kossan and Supermax -- as fundamentally, they offer plenty of upside.
Kenanga Research raises United U-Li target price to RM1.45
KUALA LUMPUR: Kenanga Investment Bank Research has raised the target price of United U-Li Corporation Bhd from 85 sen to RM1.45 while maintaining its Outperform outlook.
FGV falls below Felda takeover offer price
KUALA LUMPUR: Shares of FGV Holdings Bhd fell to a low of RM1.23 on Wednesday as investors were disappointed with Felda’s takeover offer price of RM1.30 a share, though analysts described it as fair.
Boilermech’s 20.64 million shares traded off-market
KUALA LUMPUR: Boilermech Holdings Bhd saw 20.6 million of its shares traded off-market yesterday at an average price of 95 sen.
Boilermech sees 20.64m shares traded off-market
KUALA LUMPUR: Boilermech Holdings Bhd saw 20.6 million of its shares traded off market on Friday at an average price of 95 sen.
Kelington still cheap despite recent rally, says Kenanga
KUALA LUMPUR: Kenanga Investment Bank research believes Kelington Group Bhd remains cheaply valued despite a 28% rally over the past one week due to the recent focus on the dry ice business.
Quick take: Carlsberg's share price rises on recovery prospects
KUALA LUMPUR: Carlsberg Brewery Malaysia Bhd's share price rose as much as 36 sen apiece to RM23.60 in early morning trade on the back of improved prospects given recent Covid-19 vaccine developments.