Trading ideas: Sapura Energy, BAT, Texchem, Yi-Lai, Permaju

TheStar Thu, Feb 11, 2021 08:55am - 3 years View Original


KUALA LUMPUR: Sapura Energy, BAT, Texchem Resources, Yi-Lai and Permaju Industries are among the stocks which could see trading interest on Thursday, JF Apex Research said.

Sapura Energy said that its units and joint venture company secured RM1.85bil worth of contracts and contract extensions, comprising engineering and construction, and drilling works in Saudi Arabia, Thailand, Brunei and Malaysia.

As for BAT, its 4QFY20 net profit fell 25.5% on-year as it recorded lower revenue and higher operating expenses, while cost of sales grew.

Texchem warned its operations in Myanmar may be disrupted by the volatile political situation there.

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