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Trading ideas: Alliance Bank Malaysia, UWC, Taliworks Group, Southern Steel, Jayacorp
KUALA LUMPUR: Stocks to watch for on Monday include Alliance Bank Malaysia, UWC, Taliworks Group, Southern Steel and Jayacorp, said JF Apex Research in a report.
Southern Steel to sell land in Johor
PETALING JAYA: Southern Steel Bhd (SSB) is proposing to dispose of two parcels of land measuring 12.56ha in Pasir Gudang, Johor Baru to Sinppa Industrial Sdn Bhd or SISB for RM65mil, where it foresees a net gain on disposal totalling RM6.42mil.
Southern Steel to sell land in Johor for RM65mil
KUALA LUMPUR: Southern Steel Bhd (SSB) is proposing to dispose of two parcels of land measuring 12.56 hectares in Pasir Gudang, Johor Bahru to Sinppa Industrial Sdn Bhd (SISB) for RM65 million, where it foresees a net gain on disposal totalling RM6.42 million.
Trading ideas: Southern Steel, VSTEC, Dialog, Berjaya Food, Heineken
KUALA LUMPUR: Southern Steel, VSTEC, Dialog Group, Berjaya Food and Heineken Malaysia are among the stocks which could attract some trading action on Friday after their corporate news, JF Apex Research said.
Southern Steel expects demand to improve soon
PETALING JAYA: Southern Steel Bhd expects demand to gradually improve in the coming months but continues to be concerned with price volatility of both raw materials and finished products.
Higher steel prices propel Southern Steel Q1 turnaround
KUALA LUMPUR: Higher steel prices propelled Southern Steel Bhd's earnings in the July-September quarter, but while demand was projected to gradually improve coming months, prices are expected to be volatile.
Trading ideas: Southern Steel, Tanco, Bina Darulaman
KUALA LUMPUR: Companies which could see trading interest on Wednesday are Southern Steel, Tanco, Bina Darulaman, Ekovest and MyEG following their corporate announcements, JF Apex Research said.
Southern Steel registers RM47.9mil net profit in FY21
KUALA LUMPUR (Bernama) -- Southern Steel Bhd registered a net profit of RM47.93 million in the financial year 2021 (FY2021) compared to a net loss of RM467.06 million in FY2020, largely thanks to higher selling prices and cost improvement.
Quick take: Southern Steel rises 10% on turnaround
KUALA LUMPUR: The market reacted positively to the latest financial results from Southern Steel Bhd and its shares were up over 10% in early trade.
Trading ideas: Ho Hup, BLand, Tan Chong Motor, Southern Steel, Ann Joo
KUALA LUMPUR: Ho Hup Construction Company Bhd, Berjaya Land Bhd (BLand), Tan Chong Motor Holdings Bhd, Southern Steel Bhd and Ann Joo Resources Bhd are among the stocks to watch on Thursday, according to JF Apex Research.
