Trading ideas: Barakah, AirAsia, Majuperak, UMW, Carlsberg

TheStar Tue, Jun 16, 2020 09:04am - 3 years View Original


KUALA LUMPUR: Stocks to watch on Tuesday include BARAKAH OFFSHORE PETROLEUM BHD, AIRASIA Group Bhd, Majuperak Holdings Bhd, UMW HOLDINGS BHD and CARLSBERG BREWERY MALAYSIA BHD, according to JF Apex Research.

Barakah swung to a net profit of RM17.53mil for the third quarter ended March 31, 2020, from a net loss of RM41.93mil for the same period the year before, as lower costs more than offset lower revenue incurred.

AirAsia is spreading its wings into the agriculture industry with the launch of agriculture business-to-business (B2B) e-commerce platform Ourfarm. Meanwhile, the Group will restart all domestic routes from July.

Majuperak said it is set to undertake solid waste management and public cleansing services in Perak jointly with another firm, Mainiza Teknitek Recowaste Sdn Bhd.

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Related Stocks

APEX 1.000
BARAKAH 0.035
CAPITALA 0.710
CARLSBG 18.500
MJPERAK 0.320
UMW 4.970

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