The stocks which could see trading interest on Friday – Trading signals malaysia

KUALA LUMPUR: Ajiya, Destini, TH Heavy Engineering, MMC, UMW OG, UMW Holdings are among the stocks which could see exchanging enthusiasm on Friday after their corporate news, says JF Apex Research. (Trading signals malaysia)

It said Ajiya’s net benefit for the 4QFY16 rose 64% on-year to RM7.05mil because of higher working benefit.

With respect to Destini and TH Heavy Engineering, the JV stowed a RM738.9mil government contract to supply three seaward watch vessels for the Malaysian Maritime Enforcement Agency (MMEA). (Trading signals malaysia)

JF Apex Research said MMC is offering its unit, MMC Oil and Gas Engineering Sdn Bhd, for RM50mil to concentrate on its center organizations. MMC hopes to have a coincidental pick up on transfer of RM16.5mil.

UMW Oil and Gas arrangements to gain Icon Offshore and other O&G resource from Ekuinas.

UMW Holdings is leaving its oil and gas business with its demerger arrange with UMW Oil and Gas.

Overnight on Wall Street, US markets finished lower drove by property counters with the Dow on a five-day losing streak as financial specialists anticipate President-elect Donald Trump’s introduction.

European stocks likewise shut lower after the European Central Bank kept loan costs unaltered.

At Bursa, the FBM KLCI added 1.49 focuses to 1,666.51. Taking after the dreary execution in the US and Europe, the FBM KLCI could stay sideways beneath the resistance of 1,680, it said.

Updated Recommendations for KLSE Investors 2017


  1. ICON
  2. THHEAVY
  3. UMWOG
  4. HIBISCS

KLSE INTRADAY SIGNALS: BUY SEAL AT 0.495 TARGET 0.515, 0.535 SL 0.470 


  1. SUNMOONFOOD
  2. MM2 ASIA
  3. CIVMEC
  4. ALLIANCE MINERAL

    SGX INTRADAY SIGNALS: BUY ALLIANCE MINERAL AT 0.116 TARGET 0.121, 0.126 SL 0.110 


Bursa Malaysia Trading Signals – Today’s analyst report

KUALA LUMPUR: Contributions from better valued properties catalyzed Crescendo Corporation Bhd’s center net benefit for the initial nine months of money related net benefit for the initial nine months of money related year 2017 (9MFY17) to develop by 48% to RM21.5mil, beating desires.( Bursa Malaysia Trading Signals)

Kenanga Research said on Friday Cescendo’s center profit development was driven by the 28% upgrades in income, impacted by the billings of its new deals.

To note,

business property ventures order better edges & subsequently prompted to better valued properties.

On a quarter-on-quarter premise, the center income for the second from last quarter was 13% higher in spite of enrolling a critical development of 47% in income.

This was generally because of the decrease in development edges & the pressure in income before intrigue, expense, devaluation & amortization (EBITDA) edges taking after the offer of lower edge items.

The property engineer’s property deals came to about RM220mil &was in front of Kenanga Research’s RM197mil-focus for FY17, driven by its Bandar Cemerlang extend.

Kenanga Research opined the close to-mid-term standpoint for Crescendo stays unexciting.

“This is because of its presentation in modern property & ventures fixation in the Johor district, while the gathering stays careful on dispatches going ahead.

“While ringgit stays frail, residential certainty issues are keeping mechanical property speculators on the sidelines,” said the exploration house.

Kenanga Research raised its conjectures for FY17-18 center profit by 10% & 6%, separately, after the modification in the business target furthermore calibrating in edge suppositions.

The exploration house held its “market perform” suggestion on Crescendo in spite of the admirable monetary execution.

Be that as it may, the objective cost was raised to RM1.68.

Our Stock Recommendations:

KLSE INTRADAY SIGNALS: BUY CAPITACOM TRUST AT 1.48 TARGET 1.53, 1.58 SL 1.42 

Hot Stock of the Day:

  1. genting sing
  2. cnmc goldmine
  3. capitamall trust
  4. kris energy

Hurry up trader’s & get this opportunity flat 30% off on half yearly package & flat 50% off on yearly package.

Bursa malaysia stock tips