Trading ideas: Eita, Gadang, E&O, Velesto Energy, Amway, Perak Transit
KUALA LUMPUR: Eita Resources Bhd , Gadang Holdings Bhd , Eastern and Oriental Bhd (E&O), Velesto Energy Bhd , Amway (M) Holdings Bhd amd Perak Transit Bhd are among the stocks to watch, according to JF Apex Research.
Eita Resources' 60%-owned unit has won a RM67.22mil contract to build a 132kV substation and to undertake the extension of a 275kV substation in Kemena, Bintulu, Sarawak.
In a separate announcement, the group’s 3Q net profit doubled year-on-year, and also declared interim and special dividend.
Gadang has bagged an RM86.09mil contract from TRX City Sdn Bhd, to undertake public realm infrastructure work (Phase 1) at TRX.
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