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.

Pantech Q3 net profit at RM10mil

KUALA LUMPUR: Pantech Group Holdings Bhd’s net profit fell 8.2% to RM10.26mil in the third quarter ended Nov 30,2019 from RM11.18mil a year ago dragged down by lower sales contribution from trading division.

Pantech's revenue climbs in Q3 on steel shipment to US

KUALA LUMPUR: Pipes and valves maker Pantech Group Holdings Bhd said new shipment of carbon steel products to the US boosted its revenue in the third quarter, but profit fell on weaker contribution from its trading division.

A better second half anticipated

AFTER a rocky first half, investors now find themselves hoping that the second half will see Malaysian equities play catch-up to their regional peers. 

Quick take: Pantech gains marginally in early trading

KUALA LUMPUR: Shares in Pantech Group Holdings Bhd rose over 2.6% in early trade Wednesday following the resumption of its exports to the US.

Trading ideas: Pantech, Fajarbaru, Serba Dinamik, BToto

KUALA LUMPUR: Pantech Group Holdings Bhd, Fajarbaru Builder Group Bhd, Serba Dinamik Holdings Bhd and Berjaya Sports Toto Bhd (BToto) are among the stocks to watch on Wednesday, according to JF Apex Research.

Pantech resumes steel exports to US

KUALA LUMPUR: Pantech Group Holdings Bhd said its steel products manufacturing unit will resume exports to the US after the company said it was not subjected to anti-dumping duty.

Oil stocks comeunder pressure

PETALING JAYA: The listless market coupled with low oil prices and an aggressive trade policy by the United States have put pressure on oil stocks.