Oil players likely to turn capex tap on again

Crude to rebound on recovering global economies

Trading ideas: AirAsia, GPacket, DNeX, Pantech, CIMB, Bintai Kinden

KUALA LUMPUR: Airasia Group Bhd, Green Packet Bhd, Dagang Nexchange Bhd (DNeX), Pantech Group Holdings Bhd, CIMB Group Holdings Bhd and Bintai Kinden Corp Bhd are among the stocks to watch on Friday, according to JF Apex Research.

Pantech Q3 net profit at RM8.7mil

PETALING JAYA: Pipes and valve supplier Pantech Group Holdings Bhd’s earnings declined in the third quarter (Q3) ended Nov 30,2020, on lower contribution from its trading division.

Lower demand for oil pipes and valves hurts Pantech 3Q earnings 

KUAL A LUMPUR: Pipes and valve supplier Pantech Group Holdings Bhd said earnings declined in the third quarter ended Nov 30, 2020 on lower contribution from its trading division.

Pantech on the road to recovery

PETALING JAYA: The worst could be over for pipe, flange and valve manufacturer Pantech Group Holdings Bhd and the company is on track for gradual recovery.

Trading ideas: IGB, Bermaz Auto, Pavilion REIT, Pantech, Top Glove

KUALA LUMPUR: IGB Bhd. Bermaz Auto Bhd, Pavilion Real Estate Investment Trust (Pavilion REIT), Pantech Group Holdings Bhd and Top Glove Corp Bhd are among the stocks to watch on Friday, according to JF Apex Research.

Pantech’s profit dips in Q4

PETALING JAYA: Pantech Group Holdings Bhd’s net profit tumbled 35.8% to RM7.23mil for the fourth quarter ended Feb 29 from RM11.28mil a year ago, dragged by a lower sales contribution from the trading division.

Oil companies with exposure to E&P seen most vulnerable

Price war could spark new downcycle for oil, disrupt value chain

KUALA LUMPUR: A sustained disruption to the price of crude oil could throw the entire market into disarray and spark a new downcycle for oil, especially amid a demand slowdown, says Kenanga research.

Trading ideas: Bermaz Auto, FGV, Cuscapi, OSK, Securemetric, Pestech, Pantech

KUALA LUMPUR: Bermaz Auto Bhd, FGV Holdings Bhd, Cuscapi Bhd, OSK Holdings Bhd, Securemetric Bhd, Pestech International Bhd and Pantech Group Holdings Bhd are among the stocks to watch on Thursday, according to JF Apex Research.