Trading ideas: Teo Seong, Globetronics, Green Packet, SunCon, KLK, Star Media, Gas Malaysia, CelcomDigi, Hume Cement and Supermax

TheStar Wed, Feb 21, 2024 08:24am - 1 month View Original


KUALA LUMPUR: Companies whose stock could be seeing trading interest on Wednesday include Teo Seong, Globetronics, Green Packet, SunCon, KLK, Star Media, Gas Malaysia, CelcomDigi, Hume Cement and Supermax, said Apex Securities Research.

Teo Seng Capital Bhd net profit surge over five folds to RM66.9mil in the fourth quarter ended Dec 31, 2023 (4Q23), expects to sustain its financial performance in the financial year ending Dec 31, 2024 (FY24).

Globetronics Technology Bhd warns of persisting macroeconomic and geopolitical challenges impacting the semiconductor industry, as its net profit about halved for the fourth quarter ended Dec 31, 2023 (4QFY2023) to RM6.51 million from RM12.05 million a year ago.

Green Packet Bhd is teaming up with Tass Tech International Sdn Bhd to develop a tourism digital platform for Sri Lanka, with an initial investment of up to RM13 million.

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