Trading ideas: Uzma, GKent, Dayang, Perdana Petroleum, United Malacca

TheStar Wed, Jun 24, 2020 09:14am - 3 years View Original


KUALA LUMPUR: UZMA BHD, GEORGE KENT (M) BHD, DAYANG ENTERPRISE HOLDINGS BHD, Perdana Petroleum Bhd, UNITED MALACCA BHD and Freight Management Holdings Bhd are among the stocks to watch on Wednesday, according to JF Apex Research.

Uzma has secured a RM27mil contract from Petronas Carigali Sdn Bhd for the provision of portable water injection module (PWIM) for the Sepat platform.

George Kent recorded a 72% yoy drop in 1QFY21 net profit, as it ceased its water meter production as well as construction activities, following the the Movement Control Order (MCO).

Dayang returned to the black in 1QFY20, chalking up a net profit of RM9.33mil compared to a net loss of RM17.15mil in 1QFY19.

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Related Stocks

DAYANG 2.420
FM 0.600
GKENT 0.475
PERDANA 0.335
UMCCA 5.090
UZMA 1.320
VS 0.840

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