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theedgemalaysia.com highlighted four stocks with positive momentum and eight stocks with negative momentum during Bursa Malaysia’s afternoon session on Tuesday.
PETALING JAYA: The outlook for solid carbide cutting tool manufacturer HPMT Holdings Bhd remains uncertain in the face of global manufacturing activity contraction, according to Hong Leong Investment Bank (HLIB) Research.
KUALA LUMPUR (May 30): Hong Leong IB Research has downgraded HPMT Holdings Bhd to “hold” at 50 sen with a lower target price (TP) of 55 sen (from 65 sen) and said HPMT’s 1QFY22 core PATAMI of RM2.7 million (-17% y-o-y and q-o-q) ...
KUALA LUMPUR: HPMT Holdings Bhd's financial year 2021 (FY21) net profit representing a 66 per cent year-on-year (YoY) growth came in within Hong Leong Investment Bank Bhd's (HLIB Research) expectation.The bank-backed research firm said the growth was driven by a 26.0 per ...
KUALA LUMPUR (Dec 14): RHB Retail Research said HPMT Holdings Bhd is poised to propel towards an all-time high as it bounced off the 21-day average line while hitting the 70 sen nearest resistance on strong trading volumes.
In a trading stocks ...
KUALA LUMPUR (Nov 10): theedgemarkets.com highlighted six stocks with momentum at Bursa Malaysia’s afternoon close on Wednesday (Nov 10). All stocks displayed negative momentum.
The stocks were:
EP Manufacturing Bhd — up eight sen at RM1.22
HPMT Holdings Bhd — up three ...
KUALA LUMPUR (Oct 6): theedgemarkets.com highlighted 13 stocks with momentum at Bursa Malaysia’s afternoon close on Wednesday.
11 stocks displayed negative momentum, while two showed positive momentum.
The stocks with negative momentum were:
Cepatwawasan Group Bhd — unchanged at 72 sen
China Ouhua ...
PETALING JAYA: Recovery is in motion for manufacturer and distributor of cutting tools HPMT Holdings Bhd after blips in its recent financial performances no thanks to the Covid-19 pandemic.
KUALA LUMPUR (March 26): theedgemarkets.com highlighted 8 stocks with momentum at Bursa Malaysia’s afternoon close today. Two stock displayed positive momentum, while 6 showed negative momentum.
Stocks with positive momentum were:
Eupe Corp Bhd – up 10 sen at RM1.03
MAA Group Bhd – ...
PETALING JAYA: HPMT Holdings Bhd believes that the worst is over for the manufacturer and distributor of cutting tools, and this year will be a year of recovery.
KUALA LUMPUR (Feb 5): Hong Leong Investment Bank (HLIB) Research has raised its target price (TP) for HPMT Holdings Bhd to 46 sen from 39 sen — while maintaining its "hold" rating — after adjusting its earnings forecast upwards by 7.6% on expectations of stronger orders ...