Trading ideas: Barakah, Kawan Food, Jaks Resources, MyEG, Silver Ridge, Seacera

TheStar Thu, Jan 17, 2019 08:51am - 5 years View Original


KUALA LUMPUR: JF Apex Research expects Barakah Offshore Petroleum Bhd , Kawan Food Bhd , Jaks Resources Bhd , My EG Services Bhd (MyEG), Silver Ridge Holdings Bhd and Seacera Group Bhd to be among the stocks to watch on Thursday.


Barakah has won a five-year contract to service Petrofac (Malaysia-PM304) Ltd’s oil and gas fields offshore Peninsular Malaysia.


   

Kawan Food may face a margin squeeze this year, due mainly to a yearly depreciation of some RM20mil on its newly-commissioned Pulau Indah facility.


Jaks Resources has released the payment on a bank guarantee of RM50mil to Star Media Group, marking the end of a dispute between the two parties that has been ongoing for almost a year.

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Related Stocks

APEX 1.000
BARAKAH 0.035
JAKS 0.150
KAWAN 1.800
MYEG 0.790
SEACERA 0.215
SRIDGE 0.325
STAR 0.425
TM 6.010

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