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CASH-RICH Greatech Technology Bhd, whose latest first-quarter sales surged by over 80% year-on-year, believes that the best is yet to come.
THE property sector has more room to run as the economy starts to recover in the second half of 2021 with herd immunity to Covid-19 expected by end-2021, according to PublicInvest Research.
PETALING JAYA: The national lockdown has boosted the fortunes of several food makers including Kawan Food Bhd, whose frozen foods business seems to be enjoying brisk sales.
KUALA LUMPUR: VS Industry Bhd is likely to exceed expectations for its current financial year despite some negative impact from the current movement control order, says Public Investment Bank Research.KUALA LUMPUR: VS Industry Bhd is likely to exceed expectations for its current financial year despite some negative impact from the current movement control order, says PublicInvest Research.
The commodity market is experiencing a major boom thanks to the massive stimulus by the world’s major economies.
Greatech will benefit from its largest photovoltaic (PV) client, First Solar, which recently announced its plans to invest US$680mil to build a new solar panel plant in Ohio.
PETALING JAYA: Greatech Technology Bhd sees the cash constraint faced by one of its top three customers in the electric vehicle (EV) segment as a “small, manageable” issue, and expects to continue doing business with the US-based buyer.
Greatech Technology Bhd’s share price fell to a low of RM5.17 on Wednesday on news that a buyer -- US electric pick-up truck start-up Lordstown Motor Corp-- does not have enough cash for full commercial production.
PETALING JAYA: The recent acquisition from Repsol Exploración, S.A. would give Hibiscus Petroleum Bhd a boost in earnings and see a notable impact on its production