Trading ideas: MWE, BToto, Wah Seong, Vizione
KUALA LUMPUR: MWE Holdings Bhd , Berjaya Sports Toto Bhd , Wah Seong Corp BHd and Vizione Holdings Bhd are among the stocks to watch on Monday, according to JF Apex Research.
MWE received a privatisation offer of RM1.75 a share from tycoon Tan Sri Surin Upatkoon, via his company Pinjaya Sdn Bhd.
Berjaya Sports Toto’s 3QFY18 net profit rose 23.6% to RM59.23mil year-on-year, on improved performance achieved by Sports Toto Malaysia Sdn Bhd and H.R. Owen Plc. Quarterly revenue was also up 2.7% to RM1.4bil from RM1.37bilin 3QFY17.
Wah Seong has bagged a US$34.56mil (RM135.24mil) contract for the design and sale of gas compressor packages, and associated plant and site facilities in Iraq.
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