Trading ideas: WCT, Techfast, Uzma, TH Plantations, Green Packet

TheStar Wed, Mar 24, 2021 09:04am - 3 years View Original


KUALA LUMPUR: TH Plantations, Industronics, WCT, Techfast, Uzma, Green Packet, Fintec Global and PDZ are among the stocks to watch on Wednesday after their corporate news, JF Apex Research said.

TH Plantations returned to the black for its financial year ended Dec 31,2020 with a net profit of RM13.99mil, compared to a net loss of RM226.5mil the year before due to higher average realised prices for palm products.

WCT has bagged a RM440mil contract from the Ministry of Transport for the proposed extension and upgrading of the Sultan Ismail Petra Airport in Kota Bahru, Kelantan.

Techfast secured a RM540mil contract to supply marine gas oil products to Huang Fan Sdn Bhd. Its unit Fast Energy Sdn Bhd entered into a supply agreement with Huang Fan to supply up to 6,000,000 litres of the products each month to the group for its vessels.

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