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KUALA LUMPUR: AmInvestment Bank Research has raised its FY21-22 earnings forecast on Luxchem Corp Bhd after having reflected the impact of an ongoing private placement and acquisition.
KUALA LUMPUR: Genetec Technology Bhd, AwanBiru Technology Bhd, SMTrack Bhd, Pimpinan Ehsan Bhd, My E.G. Services Bhd, Careplus Group Bhd and Petronas Dagangan Bhd are among the stocks to watch on Monday, according to JF Apex Research.
KUALA LUMPUR: Luxchem Corp Bhd posted a net profit of RM16.13mil in the quarter ended Dec 31, 2020, a 68.5% increase over RM9.57mil in the previous corresponding quarter on the back of an improved performance in the manufacturing segment.
THE worldwide shortage of containers is hampering the smooth flow of exports and imports, and pushing up logistics costs
AFTER a tumultuous 2020, a better outlook awaits Asian companies, on expectation of a recovery in the macro economy and corporate earnings.
PETALING JAYA: RHB Research sees the basic materials sector as a “reflation trade play” heading into 2021.
PETALING JAYA: After the recent pullback in Luxchem Corp Bhd’s share price, AmBank Research has upgraded its call to a “hold” from a “sell” on the group buying a glove-related business and new share placement.
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.
KUALA LUMPUR: Ambank Investment Bank Research has upgraded Luxchem Corp Bhd to "hold" after the recent decline in its share price while maintaining its earnings forecasts.
KUALA LUMPUR: AmInvestment Research raised its FY20 to FY22F net profit forecasts for Luxchem by 15%, 26% and 26% respectively and raised its fair value by 25% to 79 sen from 63 sen previously.