Trading ideas: Samaiden, Press Metal, AIM, VS Industry

TheStar Thu, Oct 15, 2020 08:50am - 3 years View Original


KUALA LUMPUR: Stocks which could attract trading interest include Samaiden Group Bhd, which will make its debut on the ACE Market on Thursday. Its offer price is 48 sen.

JF Apex Research the other companies in the news are Press Metal, Advance Information Marketing, VS Industry, AME Elite, MAHB and Key Alliance Group.

Press Metal said the impact of the 38.2% anti-dumping duties imposed by the European Commission (EC) on its two China-based subsidiaries is minimal.

The duties are only on extrusion products from the subsidiaries to the EU, which only accounts about 4.6% to the group’s revenue and about 2.8% to its profit after tax in 2019.

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