Trading ideas: BAT, Allianz, Magnum, AMMB, Lii Hen, Oriental Food
KUALA LUMPUR: British American Tobacco (M) Bhd (BAT), Allianz Malaysia Bhd , Magnum Bhd , AMMB Holdings Bhd , Lii Hen Industries Bhd and Oriental Food Industries Holdings Bhd are among the stocks to watch, according to JF Apex Research.
The research house also expects Inari Amertron Bhd , AirAsia X Bhd , Petron Malaysia Refining & Marketing Bhd, Pharmaniaga Bhd , HSS Engineering and Tasco Bhd to see trading interest following their latest financial results.
BAT net profit rose 43.59% to RM116.37mil in the fourth quarter ended Dec 31, 2018 (4QFY18) from RM81.04mil last year as revenue climbed 12.52%. Revenue grew to RM770.62mil from RM684.86mil.
Allianz Malaysia posted a 15% rise in net profit to RM100.04mil for the fourth quarter ended Dec 31, 2018 (4QFY18) against RM86.78mil in the previous year's quarter.
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Related Stocks
AAX | 1.340 |
ALLIANZ | 19.940 |
AMBANK | 4.170 |
APEX | 1.000 |
BAT | 8.090 |
CAPITALA | 0.710 |
INARI | 3.160 |
MAGNUM | 1.140 |
OFI | 2.010 |
PHARMA | 0.360 |
TASCO | 0.815 |
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