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KUALA LUMPUR: Bursa Malaysia rallied on Wednesday as Bank Negara revealed a better-than-expected result for Malaysia's economy in the first quarter.
Genting Group subsidiary Genting Singapore (GENS) reported a 2019 core profit after tax and minority interest (Patami) of S$705mil, a decline of 8% year-on-year (y-o-y), which was within expectations, as it constituted 104% and 103% of Affin Hwang IB and consensus forecasts.
Under the third party access (TPA) regime, Gas Malaysia Bhd can sell gas to both power and non-power users.
GLOBETRONICS will release its fourth quarter 2019 results on Feb 24.
RHB Research is maintaining a “buy” call on OCK Group with a target price of RM0.75, which is an 28% upside, as the group remains confident in sealing the towerco divestment deal soon
HE 7% share price retracement from Scientex’s recent peak provides an excellent opportunity to accumulate, according to UOB Kay Hian Research.
YINSON’S nine-month financial year 2020 (9M20) results are deemed to be within expectations, in view of a stronger 4Q20, led by maiden contributions from floating production, storage and offloading (FPSO) vessel Helang.
THE selldown on MyEG Services counter is unwarranted as it could see an earnings growth of 20% in FY20 without any contract win, as long as its current concessions are intactTHE selldown on the counter is unwarranted as it could see an earnings growth of 20% in FY20 without any contract win, as long as its current concessions are intact
AIRASIA BHD’s current valuation is at the high end. The group is expected to record a net profit of RM336mil for 2H19, which is below consensus’ expectation of RM341mil.