Trading ideas: Southern Cable Group, 7-Eleven Malaysia, Ancom Nylex, MN Holdings and ECM Libra

TheStar Tue, Jul 19, 2022 08:30am - 1 year View Original


KUALA LUMPUR: Stocks to watch for on Tuesday include Southern Cable Group, 7-Eleven Malaysia, Ancom Nylex, MN Holdings and ECM Libra, said JF Apex Research.

Southern Cable Group Bhd (SCable) has won a RM293.8mil contract to supply power cables to Tenaga Nasional Bhd (TNB) for a one-year period.

7-Eleven Malaysia Holdings Bhd is considering selling its pharmacy chain Caring Pharmacy Group Bhd for about RM1.78bil.

Ancom Nylex Bhd's net profit for 4QFY22 climbed more than four times or 330% YoY to a record high of RM31.92mil.

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