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NOW that the Sarawak State Legislative Assembly has been dissolved, making way for a state election, market attention has turned to Sarawak-linked stocks on Bursa Malaysia.
On Nov 3, Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah consented to ...
KUALA LUMPUR (April 9): theedgemarkets.com highlighted nine stocks with momentum at Bursa Malaysia’s afternoon close today. Two stock displayed positive momentum, while seven showed negative momentum.
Stocks with positive momentum were:
Axiata Group Bhd – up 36 sen at RM4.16
Redtone ...
According to executive chairman Chua Seng Huat, the Chinese suppliers have abandoned the US market due to the anti-dumping tariff imposed by the US government against China. He said Kim Hin had, therefore, re-positioned its export market and started shipping ...
KUALA LUMPUR (March 18): Malaysia's movement restriction order is negative for the construction and basic materials sectors, said RHB Research.
In a note today, RHB Research said most of the companies will stop construction operations.
“However, they are still waiting for ...
KUALA LUMPUR (Dec 10): The FBM KLCI pared much of its loss at the midday break Tuesday, against the backdrop of tepid regional markets.
At 12.30pm, the FBM KLCI was down 1.1 points to 1,561.61. The index had earlier slipped to a low ...
KUALA LUMPUR (Nov 26): Ceramic tile manufacturer Kim Hin Industry Bhd has agreed to accept the 60.18 million yuan (RM35.79 million) compensation offered for the relocation of its properties in Zhujing Development Area in Shanghai.
The acceptance, it said, is in accordance ...
KUALA LUMPUR (Nov 13): Affin Hwang Capital Research has upgraded Kim Hin Industry Bhd to “Hold” at RM1.06 with an unchanged target price (TP) of RM1.06 and said it had gathered that Kim Hin has secured 2 new customers from the US ...
KUALA LUMPUR (Oct 18): The FBM KLCI was down 0.22% at midday break, as regional markets stumbled on the back of China’s weaker economic growth.
At 12.30pm, the FBM KLCI dipped 3.53 points to 1,570.97.
Losers led gainers by 276 to 251, while 504 counters traded ...
KUALA LUMPUR (Aug 14): The FBM KLCI rose 0.49% at the midday break today and managed to hold on to its 1,600-point level in line with the surge at most global markets.
At 12.30pm, the FBM KLCI added 7.73 points to 1,600.61. The index ...
Kim Hin Industry Bhd
(July 3, RM1.16)
Maintain sell with an unchanged target price (TP) of RM1.10: Kim Hin Industry Bhd’s earnings have been on a downtrend since 2016. The group’s operations in Malaysia are adversely affected by a weak ...
KUALA LUMPUR (June 26): The FBM KLCI remained lacklustre at the midday break today, tracking its regional peers, dragged by losses at key utility stocks.
At 12.30pm, the FBM KLCI dipped 2.85 points to 1,673.76.
Losers led gainers by 301 to 174, while 518 counters traded ...
KUALA LUMPUR: Affin Hwang Capital Research is retaining its sell call on Kim Hin Industry Bhd with an unchanged target price of RM1.18 based on 0.35 times FY19 price-to-book value.
Kim Hin Industry Bhd
(June 25, RM1.28)
Maintain neutral with a target price (TP) of RM1.33: With an expected total return of 6%, based on 0.35 times price-to-book value (PBV) of financial year 2018 forecast book value per share of RM3.80.
The industry’s ...