Trading ideas: Genting, LPI, Sunway, Pavilion Reit, CMMT, Uzma

TheStar Wed, Jan 30, 2019 09:08am - 5 years View Original


KUALA LUMPUR: JF Apex Research expects Genting Bhd , LPI Capital Bhd , Sunway Bhd , Pavilion Real Estate Investment Trust (REIT), CapitaLand Malaysia Mall Trust (CMMT) and Uzma Bhd to be among the stocks to watch on Wednesday.


Genting’s US subsidiary has reached a settlement agreement with Wynn Resorts.


   

LPI Capital’s net profit for the fourth quarter ended Dec 31, 2018 rose 1.2% to RM84mil from RM83mil a year earlier. Its revenue for the quarter increased 7% year-on-year to RM389.03mil from RM363.49mil.


Sunway has set up a sukuk programme to raise RM10bil in nominal value to finance its investment activities, capital expenditure and working capital.

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Related Stocks

APEX 1.020
CLMT 0.630
GENTING 4.710
LPI 12.120
PAVREIT 1.270
SUNWAY 3.500
UZMA 1.300

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