Trading ideas: Genting, Kerjaya Prospek, Press Metal, TH Plant

TheStar Fri, Nov 27, 2020 08:16am - 3 years View Original


KUALA LUMPUR: Genting Bhd, Genting Malaysia, Kerjaya Prospek, Press Metal and TH Plantation are among the stocks which could see trading interest on Friday following their recent corporate announcements, according to TA Securities Research.

Genting Malaysia Bhd’s 3QFY20 net loss has narrowed to RM704.6mil against RM900.4 mil in 2Q as the group’s resort operations worldwide have resumed progressively during the quarter under review

Genting’s net losses narrowed to RM130.8mil in 3QFY20, after posting a net loss of RM786.1mil in 2Q, as the resort operations have resumed business with a reduced capacity.

As for Kerjaya Prospek Group, its net profit tripled to RM30.4mil in the 3Q from RM10.1mil in 2Q as it resumed its construction projects.

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