Trading ideas: JAKS, TNB, Media Chinese International, Tan chong Motor, Dialog, Picorp

TheStar Wed, May 15, 2019 09:02am - 4 years View Original


KUALA LUMPUR: JF Apex Research expects JAKS Resources, Tenaga Nasional Bhd (TNB), Media Chinese International Ltd , Tan Chong Motor Bhd, Dialog Group Bhd and Progressive Impact Corp Bhd (Picorp) to be among the stocks to watch on Wednesday.


JAKS Resources has inked a Memorandum of Understanding (MoU) with Vietnam-based LICOGI 13 to acquire a power plant project as well as for future joint ventures for other solar and wind energy projects.


JAKS said the MoU was to acquire the Lig-Quang Tri Solar Power Project (LQT) that will come into operation at the end of June 2019 in the central province of Quang Tri, Vietnam.


Tenaga Nasional has earmarked a capital expenditure (capex) of between RM9bil and RM9.5bil for the current financial year ending Dec 31, 2019.

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Related Stocks

APEX 1.000
DIALOG 2.250
JAKS 0.150
MEDIA 0.440
MEDIAC 0.125
PICORP 0.080
TENAGA 11.240

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