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PETALING JAYA: There is potential in the building material sector despite 60% of the counters under Kenanga Research’s coverage underperformed in the fourth quarter of 2022 (4Q22).
KUALA LUMPUR (March 14): Kenanga Research has maintained its “overweight” rating of the building materials sector, mainly anchored by its “outperform” calls on Press Metal Aluminium Holdings Bhd and OM Holdings Ltd, as it sees continued margin pressures on Ann Joo ...
KUALA LUMPUR (Sept 7): Kenanga Research has maintained its “overweight” rating on the building materials sector, mainly anchored by its "outperform" call on Press Metal Aluminium Holdings Bhd, while long steel producer Ann Joo Resources Bhd and cable support system manufacturer ...
LOW-profile cable support system provider United U-Li Corp Bhd has set a target to grow its overseas contribution to more than one-third of revenue within the next two years.
In fact, it is close to reaching its goal. Export revenue ...
AS economic activity continues to pick up pace amid the country’s transition into endemicity, supply chain disruptions and soaring building material costs brought about by Russia’s invasion of Ukraine, and labour shortages threaten to derail the construction sector’...
KUALA LUMPUR: Press Metal Aluminium Holdings Bhd is poised to post another record results in 2022, as the aluminium prices are expected to stay high in the near term while its fully commissioned P3 plant will lead volume growth.
The cable support systems manufacturer’s revenue came in lower at RM41.3mil for Q3’21, compared with RM51.1mil in Q3’20 due to the implementation of the movement control order to curb the spread of the Covid-19 virus since July 2021.
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KUALA LUMPUR: Bursa Malaysia dibuka rendah pada Khamis berikutan aktiviti pengambilan untung membabitkan saham wajaran tinggi yang mencatat peningkatan baru-baru ini.Pada 9.03 pagi ini, FTSE Bursa Malaysia KLCI (FBM KLCI) merosot 0.16 mata kepada 1,600.22 daripada 1,600.38 pada akhir dagangan Rabu.Sewaktu pasaran ...
KUALA LUMPUR: Bursa Malaysia dibuka rendah pada Khamis berikutan aktiviti pengambilan untung membabitkan saham wajaran tinggi yang mencatat peningkatan baru-baru ini.Pada 9.03 pagi ini, FTSE Bursa Malaysia KLCI (FBM KLCI) merosot 0.16 mata kepada 1,600.22 daripada 1,600.38 pada akhir dagangan Rabu.Sewaktu pasaran ...
KUALA LUMPUR: Bursa Malaysia opened lower today due to mild profit-taking in selected heavyweights following recent gains.
At 9.03 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) decreased 0.16 of-a-point to 1,600.22 from 1,600.38 at Wednesday's close.
The bellwether index opened 1.28 points higher at 1,601.66.
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KUALA LUMPUR (Oct 11): theedgemarkets.com highlighted 13 stocks with momentum at Bursa Malaysia’s afternoon close on Monday.
11 stocks displayed negative momentum, while two showed positive momentum.
The stocks with negative momentum were:
Eastern & Oriental Bhd - up two sen ...
PETALING JAYA: United U-Li Corp Bhd’s dominance in the fragmented cable support systems (CSS) space will likely strengthen, as smallish competitors crumble under the pandemic pressure.
PETALING JAYA: United U-Li Corp Bhd reported a net profit of RM9.38mil in the second quarter (Q2) ended June 30 as compared to a net loss of RM4.4mil in the same quarter a year earlier.