Trading ideas: Grand Hoover, Hubline, Aeon Credit, Vortex, LB Aluminium

TheStar Wed, Jul 07, 2021 08:56am - 2 years View Original


KUALA LUMPUR: JF Apex Research expects Grand Hoover Bhd, Hubline Bhd, AEON Credit Service (M) Bhd, Vortex Consolidated Bhd and LB Aluminium Bhd to be among the stocks to watch on Wednesday.

Grand Hoover has accepted two letters of award from Pembinaan Tetap Teguh Sdn Bhd for two construction projects worth RM55.97mil.

Hubline's subsidiary Layang Layang Aerospace Sdn Bhd has been awarded a RM29mil contract to provide inspection and calibration services for the Civil Aviation Authority of Malaysia.

AEON Credit Service's 1QFY22 net profit ballooned by 521% year-on-year thanks to surge in other income, which comprises bad debts recovered, insurance commission and interest or profit income from deposits with licensed financial institutions.

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