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Trading ideas: Genetec, AwanBiru, SMTrack, Pimpinan Ehsan, MyEG
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.
Quick take: SMTrack rises 8% on technical buy
KUALA LUMPUR: Shares in SMTrack Bhd rose 8% in early trade following a technical buy call from PublicInvest Research.
SMTrack to get new auditors
KUALA LUMPUR: Messrs Jamal, Amin & Partners have resigned as auditors of SMTrack Bhd on a voluntary basis.
SMTrack to diversify
PETALING JAYA: SMTrack Bhd has announced its diversification into commercial air transport operations and an issuance of redeemable convertible notes (RCNs).
Quick take: SMTrack rises 4.5% on technical buy
KUALA LUMPUR: Shares in SMTrack Bhd rose iver 4% in early trade Tuesday following a technical buy call from PublicInvest Research.
Trading ideas: PICorp, BTM, Yee Lee, MLabs, SMTrack, Tasek
KUALA LUMPUR: JF Apex Research expects Progressive Impact Corp Bhd (PICorp), BTM Resources Bhd, Yee Lee Corp Bhd, Mlabs Systems Bhd, SMTrack Bhd and Tasek Corp Bhd to be among the stocks to watch on Wednesday.
SMTrack scraps proposed 88.34m free warrants plan
KUALA LUMPUR: SMTrack Bhd has scrapped its proposed free warrants issue of up to 88.34 million units, which would have raised RM10.60mil when exercised, due to the current market conditions.
Short Positions
Budget 2020 has many positives. It is aimed at creating more jobs, raising income levels, reducing the gaps between the regions in the country and the narrowing of inequality between groups of people.
Quick take: SMTrack continues uptrend, added 3.7%
KUALA LUMPUR: Shares in SMTrack Bhd continued to grain ground in early trade Wednesday despite a potential boardroom battle.
SMTrack Shareholders want to replace 3 directors
PETALING JAYA: Two shareholders of SMTRack Bhd, who collectively hold a 10.1% stake in the company, are seeking to replace three of its directors.
