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