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Construction and cement segments lift sales
Analysts upgrade sector to ‘neutral’ from ‘underweight’
KUALA LUMPUR: AmInvestment Bank Research upgraded its outlook on the building materials sector to neutral from underweight previously as it forecasts a mixed recovery for the sector.
KUALA LUMPUR: AmInvestment Research is upgrading Malayan Cement to “buy” from “hold” and keeping its fair value unchanged at RM3.30 as it expects the company to be profitable in 2021 to 2022.
KUALA LUMPUR: AmInvestment Research is upgrading Malayan Cement to Buy from Hold and keeps its fair value unchanged at RM3.30 and it expects the company to be profitable in 2021 to 2022.
PETALING JAYA: Malayan Cement Bhd could see a sharp earnings rebound in the second half of the year following recovering average selling prices (ASPs) and a decline in key input costs.
KUALA LUMPUR: RHB research has initiated coverage on Malayan Cement Bhd with a buy rating as the manufacturer's turnaround story is expected to continue on pent-up demand from domestic construction projects and exports traction spilling over into 2021.
SERI Perak public housing (PA) residents can now benefit from health-related and nutritional programmes at their doorstep.