Trading ideas: Poh Kong, Kumpulan Jetson, Kelington, MTAG, MUI

TheStar Wed, Mar 18, 2020 08:54am - 4 years View Original


KUALA LUMPUR: Poh Kong Holdings Bhd, KUMPULAN JETSON BHD, Kelington Group Bhd, MTAG Group Bhd and MALAYAN UNITED INDUSTRIES BHD (MUI) are among the stocks to watch on Wednesday, according to JF Apex Research.

Poh Kong’s 2QFY20 net profit jumped 58% year-on-year as an overall uptrend in gold prices improved its operating profits.

Kumpulan Jetson has been awarded RM78.93mil contract by Asia Pacific University Sdn Bhd for the construction of a private higher education institution.

Kelington Group said its wholly-owned subsidiary Kelington Engineering (S) Pte Ltd (KES) is claiming for total compensation of S$6.37mil (RM19.45mil) from its subcontractor Mutiara (FE) Pte Ltd, as back charges and liquidated damages, as well as scope deductions incurred to rectify defects and non-compliant works.

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Related Stocks

APEX 1.000
JETSON 0.255
KGB 2.690
MTAG 0.455
MUIIND 0.060
POHKONG 0.910

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