Trading idea: AirAsia, Lambo, Focus Dynamics, GHL, Kejuruteraan Asastera, Protasco

TheStar Tue, Jul 14, 2020 08:58am - 3 years View Original


KUALA LUMPUR: JF Apex Research expects AirAsia Group, Lambo Group Bhd, Focus Dynamics Group Bhd, GHL Group,Kejuruteraan Asastera Bhd (KAB) and Protasco Bhd to be among the stocks to watch on Tuesday.

Tata Sons plans to quit its budget airline venture with AirAsia as the Covid-19 pandemic batters the aviation business, according to an Indian media report. Malaysia's AirAsia owns 49% of AirAsia India.

Lambo said it bought 22.79 million shares, or a 1.11% stake, in Focus Dynamics for RM25.65mil at the open market between last Monday and last Friday.

GHL Systems Philippines Inc, a wholly-owned subsidiary of GHL, announced that its new lending unit GHL Philippines Financing Services has received relevant certifications to commence operations.

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