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Momentum to pick up from Q2


The benchmark index kicked off the second quarter yesterday on a positive note, adding 9.13 points or 0.58% to 1,582.64 points. This was also partially due to a technical rebound from Wednesday’s oversold position that saw the FBM KLCI tanking 35.68 points after holding on to the 1,600-point region for about a month.
PETALING JAYA: Bank Negara’s stance that Malaysia’s economy will rebound from the second quarter has sparked much confidence in the market as investors seek new catalysts.
It was a much needed assurance by the regulator, as the FBM KLCI has only traded sideways with a decline of 1.24% year-to-date (y-t-d) due to factors such as the reimposition of the movement control order (MCO) in January that piled on the uncertainties over an economic recovery. ....

Malaysia General , Danny Wong , Sunway Bhd , Kay Hian Research , Bank Negara , Axiata Group Bhd , Kenanga Research , Property Holdings Bhd , Yinson Holdings Bhd , Holdings Bhd , Perak Transit Bhd , Hian Research , Axiata Group , Yinson Holdings , Corporate News , Areca Capital , Fbm Klci , மலேசியா ஜநரல் , டேனி வோங் , சன்வே ப்ட் , வங்கி நெகாரா , கெனாங்க ஆராய்ச்சி , ப்ராபர்டீ ஹோல்டிங்ஸ் ப்ட் , ஹோல்டிங்ஸ் ப்ட் , பெராக் போக்குவரத்து ப்ட் , பெருநிறுவன செய்தி ,

Nestle, PetChem, Perak Transit, IOI Corp, Leong Hup International, Sunway Construction, Petron, ATA IMS, Syarikat Takaful, Manulife, Frontken, Samchem, BToto, Supermax, Genting Malaysia and AT Systematization


KUALA LUMPUR (Feb 23): Based on corporate announcements and news flow today, companies in focus tomorrow (Feb 24) may include: Nestle (M) Bhd, Petronas Chemicals Group Bhd, Perak Transit Bhd, IOI Corp Bhd, Leong Hup International Bhd, Sunway Construction Group Bhd, Petron Malaysia Refining & Marketing Bhd, ATA IMS Bhd, Syarikat Takaful Malaysia Keluarga Bhd, Manulife Holdings Bhd, Frontken Corp Bhd, Samchem Holdings Bhd, Berjaya Sports Toto Bhd, Supermax Corp Bhd, Genting Malaysia Bhd and AT Systematization Bhd.
Nestle (M) Bhd s (Nestle Malaysia) net profit for the fourth quarter ended Dec 31, 2020 ticked up 0.5% to RM132.47 million from RM131.82 million a year earlier.  The group said its revenue registered a 3.1% increase to RM1.37 billion from RM1.33 billion a year ago, underpinned by sales in Out-of-Home channels as restrictions eased in the second half of the year under the Recovery Movement Control Order. Earnings per share increased marginally to 56.5 sen from 56.21 se ....

Kuala Lumpur , Indonesia General , United States , Sunny Isles Beach , Nestlem Bhd , Keluarga Bhd , Toto Bhd , Genting Skyworld , Nestlem Bhd Nestle , Sdn Bhd , Kenteam Sdn Bhd , Skim Sim , Genting Skyworlds , Petronas Chemicals Group Bhd Petchem , Samchem Holdings Bhd , Corp Bhd , Sunway Construction Group Bhd Suncon , Dezer Development , Leong Hup International Bhd , Petronas Chemicals Group Bhd , Manulife Holdings Bhd , Frontken Corp Bhd , Supermax Corp Bhd , Recovery Movement Control Order , Sunway Construction Group Bhd , Perak Transit Bhd ,

Perak Transit 4Q net profit grows 12% amid contribution from new IPTT, declares 0.8 sen dividend


KUALA LUMPUR (Feb 23): Perak Transit Bhd reported net profit of RM13.19 million for the fourth quarter ended Dec 31, 2020 (4QFY20), up 12% from RM11.83 million in the previous year’s corresponding quarter, amid contributions from a newly commenced terminal.
Revenue for the quarter rose 7.6% to RM35.26 million from RM32.76 million a year earlier. Earnings per share dipped to 0.69 sen from 0.83 sen.
It declared a dividend of 0.8 sen per share for the financial year.
In a statement, the group said the strong performance was underpinned by the Integrated Public Transportation Terminal (IPTT) operations, which saw higher project facilitation fee and better advertising and promotional (A&P) income, following the commencement of contributions from Kampar Putra Sentral from September onwards. ....

Kuala Lumpur , Sdn Bhd , Sentral Kuantan , Shahab Perdana , Kampar Putra Sentral , Universiti Teknologi Petronas , Meru Raya , Universiti Teknologi , Movement Control Order , Perak Transit Bhd , Integrated Public Transportation Terminal , Putra Sentral , Terminal Meru Raya , Perak Transit , Sky Garden , Ipoh Lumut Highway , Terminal Sentral Kuantan , East Coast , Terminal Bas Shahab Perdana , Alor Setar , குவாலா லம்பூர் , ஸ்டன் ப்ட் , அனுப்பியவர் குவாண்டன் , கம்பர் புத்திர அனுப்பியவர் , மேரு ராய , இயக்கம் கட்டுப்பாடு ஆர்டர் ,

Perak Transit rose above immediate resistance, says RHB Retail Research

Perak Transit rose above immediate resistance, says RHB Retail Research
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Kuala Lumpur , Retail Research , Perak Transit Bhd , குவாலா லம்பூர் , சில்லறை ஆராய்ச்சி , பெராக் போக்குவரத்து ப்ட் ,