Trading ideas: Pestech, Pesona, Evergreen, Ta Ann, MGB

TheStar Tue, May 18, 2021 08:55am - 2 years View Original


KUALA LUMPUR: Pestech International Bhd, Pesona Metro Holdings Bhd, Evergreen Fibreboard Bhd, Ta Ann Holdings Bhd and MGB Bhd are among the stocks to watch on Tuesday, according to JF Apex Research.

Pestech has been awarded a RM64.96mil traction power supply job involving the Malaysia-Singapore Rapid Transit System (RTS) link assets.

Pesona Metro has bagged a mixed development project worth RM319mil for the construction and mechanical and engineering works for a 44-storey office tower for Tenaga Nasional Bhd in Kuala Lumpur.

Evergreen Fibreboard returned to the black with a net profit of RM9.64mil for its 1QFY21 against a net loss of RM12.15mil a year ago due to higher revenues from downstream products, higher average selling prices for panel boards, and lower operational costs as a result of higher production efficiency and foreign exchange gains.

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Related Stocks

APEX 0.930
EVERGRN 0.310
MGB 0.820
PESONA 0.165
PESTECH 0.210
TAANN 4.160
TENAGA 11.860

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