Trading ideas: Comintel, Hap Seng, TH Heavy, BFood, YTL Corp

TheStar Fri, Jun 14, 2019 09:10am - 4 years View Original


KUALA LUMPUR: Comintel Corp Bhd , Hap Seng Consolidated Bhd , TH Heavy Engineering Bhd , Berjaya Food Bhd (BFood), YTL Corp Bhd and YTL Land and Development Bhd are among the stocks to watch on Friday, according to JF Apex Research.


Comintel Corp’s external auditor Messrs RSM Malaysia has expressed a qualified opinion that the firm has multiple uncertainties that may cast doubt on its ability to continue as a going concern.


Hap Seng Consolidated’s property development unit is disposing of a 20-acre vacant plot of land in Tawau for RM27.14mil.


The sale is expected to result in an RM20.26mil net gain to the group and the disposal consideration will be used to pare down borrowings and or working capital.

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