Trading ideas: Infomina, Techna-X, Cuscapi, Advancecon, SCIB, TDM, Favelle Favco, Jentayu, APB, Globetronics, Rapid Synergy, YNH Property, Leform and Mercury Securities

TheStar Thu, Jan 18, 2024 08:25am - 3 months View Original


KUALA LUMPUR: Companies that could be seeing active trading interest include Infomina, Techna-X, Cuscapi, Advancecon, SCIB, TDM, Favelle Favco, Jentayu, APB, Globetronics, Rapid Synergy, YNH Property, Leform and Mercury Securities, said Apex Securities Research.

Technology solutions provider Infomina Bhd’s net profit for the second quarter ended Nov 30, 2023 (2QFY2024) jumped 77.23% to RM8.95 million from RM5.05 million in the previous year, fuelled by lower administrative expenses and higher revenue.

Techna-X Bhd has acquired a 51% stake in Netsec Sdn Bhd and formed a joint venture with the company, as part of Techna-X’s efforts to improve the cyber security landscape in the country and beyond.

Cuscapi Bhd’s executive chairman Datuk Jayakumar Panneer Selvam has ceased to be a substantial shareholder of the point-of-sale systems provider, after he disposed of 55 million shares or a 5.821% stake.

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