Trading ideas: PIE Industrial, MFM, Star Media, Pharmaniaga, CSC Steel
KUALA LUMPUR: PIE Industrial Bhd , Malayan Flour Mills Bhd (MFM), Star Media Group Bhd , Pharmaniaga Bhd and CSC Steel Holdings Bhd are among the stocks to watch on Monday, according to JF Apex Research.
The research house also expects Mercury Industries, Pesona Metro and Sime Darby Plantations to see trading interest following their latest corporate news.
PIE Industrial reported a 35% year-on-year fall in its 2QFY18 net profit, as it recorded lower revenue, lower margin, and provides for slow moving inventories.
Malayan Flour Mills’ 2QFY18 net profit plunged 70.5% year-on-year largely due to lower profits in the flour and grains trading and poultry integration segments.
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