Trading ideas: Barakah Offshore Petroleum, Computer Forms, JAG, MQ Technology, Astro and Cypark

TheStar Mon, Apr 04, 2022 08:54am - 2 years View Original


KUALA LUMPUR: Investors may be eyeing price movements in Barakah Offshore Petroleum, Computer Forms, JAG, MQ Technology, Astro and Cypark, according to JF Apex Research.

Barakah Offshore Petroleum and its subsidiary PBJV Group Bhd have failed in their RM1.02bil claim in the High Court against Petronas and its exploration arm Petronas Carigali Sdn Bhd.

Computer Forms has received a notice of an unconditional mandatory takeover offer from major shareholder Datuk Seri Pang Chow Huat to acquire the remaining shares in Computer Forms not owned by Pang for 60 sen per share.

JAG has entered into an agreement with Bank Negara Malaysia (BNM) for the purchase and meltdown of cupronickel and nickel raw metals as scrap from the Central Bank.

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