Stock Investment Tips- Blue chips slip early Tuesday, MAHB down

KUALA LUMPUR: Blue chips fell early Tuesday with MAHB weighing on the FBM KLCI (Stock Investment Tips) notwithstanding the firmer unrefined petroleum costs and ringgit.

At 9.54am (Stock Investment Tips),

the KLCI was down 2.7 focuses or 0.15% to 1,761.33. Turnover was 742.36 million offers esteemed at RM226.25mil. There were 216 gainers, 227 washouts and 304 counters unaltered.

The ringgit rose 0.19% to 4.222 from the past close of 4.23.

Hong Leong Investment Bank (HLIB)

Research said with no crisp impetus, the KLCI’s (Stock Picks) recuperation was probably going to be stifled and the upside might be topped along 1,770 to 1,775.

“Be that as it may, stocks inside the development division could stay dynamic with the capability of more LRT3 occupations to be doled out in the close term,” it said.

Oil costs were steady on Tuesday as Opec said there were clear signs the market was rebalancing and as US creation remained disconnected after Hurricane Nate (Stock Tips), Reuters detailed.

US West Texas Intermediate (WTI)

unrefined prospects were exchanging at US$49.66 per barrel at 0054 GMT, up eight pennies, or 0.16%, from their last close.

Brent unrefined prospects, the worldwide benchmark at oil costs, were up five pennies, or 0.1%, at US$55.84 a barrel.

Serba Dinamik increased eight sen to RM2.41. Refiner Hengyuan lost five sen to RM8.30 yet Petron added 10 sen to RM11.42.

Back up plan Allianz fell 10 sen to RM14 with 7,000 offers done yet LPI rose 12 sen to RM18.18 after it announced more grounded Q3 profit.

MAHB

fell five sen to RM8.27 with 204,800 offers done (Share Investment Tips), demonstrating some store offering.

Ibraco lost 6.5 sen to 85 sen, SAM Engineering six sen bring down at RM7.36, SMCap 4.5 sen to 54 sen while Mulpha was down four sen to RM2.45.

BAT was the best gainer, up 18 sen to RM43.18, Lii Hen increased nine sen to RM4.10 while Mercury added eight sen to RM1.87.

Latest Hot Stock For Malaysian Traders/Investors 
1. M3TECH

2. YGL

3. HOVID

4. MERCURY

5. ASDION
For live updates, traders/investors could visit www.mmfsolutions.my

Stock Investment Tips- KLCI falters early Wednesday, MAHB top failure, ringgit up

KUALA LUMPUR: After snapping 10 straight days of misfortunes on Tuesday, Bursa Malaysia (Stock Investment Tips) appeared to be agitated early Wednesday as financial specialists anticipated crisp positive impetuses to goad additionally purchasing interest.

At 9.41am (Stock Investment Tips)

, the FBM KLCI was down 0.4 of a point to 1,759.278. Turnover was 342.80 million offers esteemed at RM152.76mil. There were 207 gainers, 172 washouts and 263 counters unaltered.

The ringgit rose 0.27% to 4.226 from the past close of 4.2375 as he US dollar ventured over from a 1/2-month high against a crate of monetary forms on Wednesday.

Japanese offers jumped on Wednesday drove via auto stocks as U.S. interest for autos expanded after harm from late sea tempests (Stock Picks), while the dollar exchanged mindfully in the midst of theory throughout the following leader of the Federal Reserve, Reuters detailed.

Japan’s Nikkei

moved to the most noteworthy since August 2015 to 20,669.86, helped by solid picks up in Toyota Motor and Mazda Motor Corp.

MSCI’s broadest list of Asia-Pacific offers outside Japan was consistent after three successive days of additions.

At Bursa (Stock Tips) , MAHB fell the most, down 36 sen to RM8.16. MIDF Research said it had redesigned MAHB back to advertise perform with an unaltered target cost of RM8.38.

Magni-Tech

fell 10 sen to RM7.05, BAT six sen to RM42.88 while Denko Gas Malaysia and MKH fell five sen each to RM1.23, RM2.84 and RM2.13 individually.

Petron surged 50 sen to RM11.52 and Hengyuan 21 sen to RM8.51.

Genting Plantations added 16 sen to RM10.58, Muda 11 sen to RM1.50, Wang Zheng 10 sen to RM1.60 while Crescendo and Latitude Tree increased eight sen each to RM1.61 and Rm4.66 and mercury six sen up to RM1.57.

Oil costs

facilitated on Wednesday over alert that a value rally that went on for the vast majority of the second from last quarter would not stretch out through the most recent three months of the year (Share Investment Tips), Reuters revealed.

US West Texas Intermediate (WTI) raw petroleum prospects were exchanging at US$50.05 per barrel at 0032 GMT, down 37 pennies, from their last close. Brent unrefined fates, the worldwide benchmark at oil costs, were down 35 pennies, at US$55.65 a barrel.

Latest Hot Stock For Malaysian Traders/Investors 
1. HHGROUP

2. WONG

3. FOCUS

4. KRONO

5. BONIA
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Stock Investment Tips- KLCI snaps six days of misfortunes however would it be able to hold?

KUALA LUMPUR: Bursa Malaysia edged higher early Wednesday as the FBM KLCI figured out how to snap the six straight day of misfortunes as remote assets took benefit (Stock Investment Tips) in front of conceivable US rate climb.

Regardless of whether the nearby securities exchange can clutch the thin picks up stays to be seen because of the wary outside elements yet the firmer unrefined petroleum costs could draw in more intrigue.

At 9.24am (Stock Investment Tips),

the KLCI was up 1.28 focuses or 0.07% to 1,766.87. Turnover was 299.20 million offers esteemed at RM118.93mil. There were 196 gainers, 124 washouts and 239 counters unaltered.

The US dollar moved to a one-month high and security yields ascended on Wednesday as dangers developed for a US loan cost climb in December, while Asian stocks drifted close multi-week lows as strains in the Korean promontory stay hoisted (Stock Picks), Reuters revealed.

MSCI’s broadest record of Asia-Pacific offers outside Japan off 0.1% at three-week lows.

US light raw petroleum solidified 22 pennies to US$52.10 per barrel, while Brent added 19 pennies to US$58.63.

In the mean time,

Hong Leong Investment Bank Research said the offering weight on Bursa Malaysia was probably going to disseminate after the KLCI (Share Trading Signals) returned to the help almost 1,760.

“Merchants may concentrate on oil and gas related stocks on the back of firmer raw petroleum costs pattern and stocks that are extremely oversold in the course of the last couple of exchanging days,” it said.

MPI rose 48 sen to RM13.38, BAT picked up 28 sen to RM44.40, Petronas Dagangan added 22 sen to RM24.68 and Time dotCom propelled 11 sen to RM9.05. Every one of these stocks ascended in generally thin exchange.

Hartalega added

11 sen to RM6.66, JHM added 10 sen to RM2.97 while Solid, UME Edgenta and MAH added eight sen each to RM1.11, RM2.75 and RM8.61 separately.

Superlon was the best washout, down 42 sen to Rm2.34, Hong Leong Bank and KL Kepong fell 10 sen each to RM15.70 and RM24.46, Kimlun nine sen to RM2.09 while Sunway and Genting Bhd lost six sen each to RM1.81 and RM9.62.

FOR LIVE KLSE UPDATE, TRADERS/INVESTORS COULD VISIT WWW.MMFSOLUTIONS.MY

Stock Investment Tips- How Does Privasia Technology Berhad (KLSE:PRIVA) Stack Up In Terms of Value?

The Value Composite One (VC1) is a technique that financial specialists use to decide an organization’s esteem. The Value Composite score of Privasia Technology Berhad (KLSE:PRIVA) is 50. An organization with an estimation of 0 is believed to be an underestimated organization, while an organization with an estimation of 100 is viewed as an exaggerated organization. The VC1 is computed utilizing the cost to book esteem, cost to deals, EBITDA to EV, cost to income, and cost to profit. Essentially, the Value Composite Two (VC2) is figured with similar proportions, yet includes the Shareholder Yield. The Value (Stock Investment Tips) Composite Two of Privasia Technology Berhad (KLSE:PRIVA) is 50.

As the business sectors keep on charging higher than ever, speculators might attempt to compute where the business sectors will move in the following couple of months. Many market fans will screen the current round of organization income reports. A superior than anticipated profit period may help give money markets another lift to significantly more prominent levels. Right now, speculators might be more careful of stock choice. With such a significant number of names close to untouched highs, speculators may need to do the math to assess which stocks are as yet a decent purchase even at current value levels. Speculators may likewise need to zoom out to the division level and check whether they can figure out which segments might be ready to beat the general market coming in to the second piece of the year. Speculators may likewise be taking a gander at the general monetary conditions and endeavoring to pick up a feeling of in the case of everything will adjust to keeping the bull run going.

Technicals at a Glance (Stock Investment Tips)

In investigating some other remarkable technicals, Privasia Technology Berhad (KLSE:PRIVA’s) ROIC is – 0.010890. The ROIC 5 year normal is 0.161433 and the ROIC Quality proportion is 6.048288. ROIC is a gainfulness proportion that measures the arrival that a venture creates for those giving capital. ROIC helps indicate how proficient a firm is at transforming capital into benefits.

There are a wide range of devices to decide if an organization is gainful or not. A standout amongst the most well known proportions is the “Arrival on Assets” (otherwise known as ROA). This score shows how beneficial an organization is in respect to its aggregate resources. The Return on Assets for Privasia Technology Berhad (KLSE:PRIVA) is – 0.040044. This number is ascertained by partitioning net wage after duty by the organization’s aggregate resources. An organization that deals with their benefits well will have a higher return, while an organization that deals with their advantages inadequately will have a lower return.

Investor Yield

We additionally take note of that Privasia Technology Berhad (KLSE:PRIVA) has a Shareholder Yield of 0.000000 and a Shareholder Yield (Mebane Faber) of – 0.23022. The primary esteem is ascertained by adding the profit respect the level of repurchased shares (Share Trading Signals). The second esteem includes the net obligation reimbursed respect the figuring. Investor yield can indicate how much cash the firm is offering back to investors by means of a couple of various roads. Organizations may issue new offers and purchase back their own offers. This may happen in the meantime. Financial specialists may likewise utilize investor respect gage a gauge rate of return.

Privasia Technology Berhad (KLSE:PRIVA) has a present MF Rank of 10513. Created by fence investments chief Joel Greenblatt, the aim of the equation is to spot fantastic organizations that are exchanging at an appealing cost. The recipe utilizes ROIC and profit yield proportions to discover quality, underestimated stocks. All in all, organizations with the most minimal joined rank might be the higher quality picks.

Value Index

We would now be able to take aquick take a gander at some recorded stock value file information. Privasia Technology Berhad (KLSE:PRIVA) by and by has a 10 month value record of 1.33333. The value file is figured by separating the present offer cost by the offer value ten months back. A proportion more than one demonstrates an expansion in share cost over the period. A proportion (Stock Trading Signals) lower than one demonstrates that the cost has diminished over that day and age. Taking a gander at some other eras, the year value record is 1.20000, the two year is 0.70000, and the three year is 1.36667. Narrowing in somewhat nearer, the 5 month value list is 0.94737, the 3 month is 1.12500, and the 1 month is as of now 1.12500.

The Piotroski F-Score is a scoring framework between 1-9 that decides a company’s money related quality. The score decides whether an organization’s stock is important or not. The Piotroski F-Score of Privasia Technology Berhad (KLSE:PRIVA) is 4. A score of nine shows a high esteem stock, while a score of one demonstrates a low esteem stock. The score is figured by the arrival on resources (ROA), Cash stream return on resources (CFROA), change consequently of benefits, and nature of income. It is likewise ascertained by an adjustment in adapting or use, liquidity, and change in shares in issue. The score is likewise dictated by change in net edge and change in resource turnover.

FOR LIVE KLSE UPDATE, TRADERS/INVESTORS COULD VISIT WWW.MMFSOLUTIONS.MY

Klse Investment Tips- Asian offers lifted to 10-year high cheered by Wall St. record wraps up

Asian offers crawled up to a 10-year high on Wednesday, applauded by record highs Wall Street, while the dollar’s ascent against the yen helped support Japanese offers – Klse Investment Tips .

The S&P 500 <.SPX>, Dow Jones industrials <.DJI> and Nasdaq Composite <.IXIC> all stamped record completes as financial specialists’ worries blurred about North Korean pressures and in addition the effect of Hurricane Irma.[.N]

Increases were held under control, be that as it may, by a decrease in offers of Apple Inc <AAPL.O> after it divulged its most current line of iPhones. Apple fell 0.6 percent however pared a few misfortunes in twilight exchange.

The new iPhone’s deals will have repercussions past Apple for some providers and its adversaries.

MSCI’s broadest file of Asia-Pacific offers outside Japan was marginally higher in early exchange, while Japan’s Nikkei stock file added 0.4 percent to a one-month high, getting a tailwind from a weaker yen.

“The Nikkei is not ascending on basics right now, yet rather on free market activity moves, as the weaker yen prompts speculators to cover short positions” that they went for broke amid late episodes of hazard avoidance, said Yutaka Miura, a senior specialized examiner at Mizuho Securities.

“Recently, we have seen some receptive moves in early exchanging, and after that adjustment or even benefit taking later in the session, and today may be the same,” Miura said.

The dollar was relentless on the day at 110.06 yen <JPY=>, well above last Friday’s 10-month low of 107.32 plumbed when Hurricane Irma lingered and speculators supported for the likelihood of another rocket or atomic test to check North Korea’s establishing day on Sept. 9.

The yen tends to profit amid times of financial and political vulnerability because of Japan’s net loan boss country status, and the desire that Japanese speculators would repatriate resources amid times of emergency.

The euro was up 0.1 percent at $1.1973 <EUR=>, while the dollar file <.DXY> was consistent at 91.860, well over Friday’s 2-1/2-year low of 91.011.

Raw petroleum prospects were blended in the wake of ascending on Tuesday, when OPEC gauge higher request in 2018 and Russia and Venezuela affirmed their sense of duty regarding a generation slicing arrangement to lessen the worldwide unrefined overabundance. [O/R]

Brent rough <LCOc1> edged down 0.1 percent to $54.21 per barrel, while U.S. unrefined <CLc1> added 0.2 percent to $48.30. – Reuters

FOR LIVE KLSE UPDATE, TRADERS/INVESTORS COULD VISIT WWW.MMFSOLUTIONS.MY

Equity Tips: KLCI plunges early Friday as Genting and CIMB slip

KUALA LUMPUR: Investors took benefit on Genting Bhd and CIMB Group early Friday and pushed the FBM KLCI (Equity Tips) marginally into the red yet the more extensive market was enduring with concentrate seen now on Lotto Chemicals Titan (LCTitan) once more.

At 9.30am (Equity Tips)

At 9.16am, the KLCI was down 0.86 of a point or 0.05% to 1,782.12. Turnover was 334.55 million offers esteemed at RM81.63mil. There were 185 gainers, 112 failures and 238 counters unaltered.

Asian offers edged up on Friday as financial specialists watched out for another US storm, while the dollar slid after European Central Bank boss Mario Draghi recommended the bank may start decreasing its huge boost program this fall, Reuters revealed.

MSCI’s broadest file of Asia-Pacific offers outside Japan included 0.1%, yet was still down 0.2% for the week. Japan’s Nikkei stock list was influenced by a more grounded yen and slipped 0.5%, losing 2% for the week.

Kenanga Investment Bank Research said in view of the late push of the KLCI on Thursday, the bulls could rule the session towards the end chime in the wake of exchanging range-bound in the vicinity of 1,772 and 1,776 generally of the day.

“In spite of generally impartial readings from pointers, the past two days’ bullish moves mirror an expansion in speculators’ ability to enter the shred.

“Quite, the KLCI is currently amidst testing the 1,783 (R1) resistance level where an unequivocal breakout over this level would be significant to impact finish purchasing-  Equity Tips.

“Once taken out, the following resistance level to target is 1,789 (R2) additionally up. Drawback bolster levels meanwhile stay unaltered at 1,760 (S1) and 1,750 (S2) underneath,” said Kenanga Research.

Bursa Malaysia fell

20 sen to RM10.22, HL Industries 16 sen to RM9.83 and Hartalega 11sen to RM6.79.

MPI lost 10 sen to RM13.76, Genting eight sen to RM6.83 while Texchem and Petronas Dagangan were down six sen each to RM1.09 and RM24.42.

AFG fell 10 sen to RM3.89 and CIMB eight sen bring down at RM6.83.

Sino Huann recaptured footing to climb 2.5 sen to 20.5 sen in dynamic exchange.

KL Kepong rose 22 sen to RM24.84 and PPB Group 18 sen higher at RM16.92 in thin exchange. HLFG added 10 sen to RM17.10, Choo Bee and LC Titan seven sen each to RM2.26 and RM5.42.

CCM Duopharma and Sunway added six sen each to RM2.17 and RM4.46 while Unisem increased five sen to RM4.12.

For live KLSE update, traders/investors could visit www.mmfsolutions.my    

Stock Trading Pick – Bursa Malaysia joined key Asian markets to open lower on Friday

KUALA LUMPUR: Bursa Malaysia joined key Asian markets to open lower on Friday after the overnight fall on Wall Street, with Genting Malaysia and IOI Corp weighing on the FBM KLCI. Stock Trading Pick 

At 9.30am (Stock Trading Pick),

the KLCI was down 4.77 focuses or 0.27% to 1,765.76. Turnover was 175.44 million offers esteemed at RM82.67mil. There were 106 gainers, 221 failures and 226 counters unaltered.

Stock Trading Pick

Asian offers lost ground on Friday after a frail session on Wall Street, while worldwide sovereign obligation yields (Stock Trading Pick) were lifted in all cases on wagers the European Central Bank is drawing ever nearer towards loosening up its enormous fiscal boost, Reuters detailed.

MSCI’s broadest record of Asia-Pacific offers outside Japan slipped 0.3%, after the Dow lost 0.7% and the tech-overwhelming Nasdaq fell 1% on Thursday, incompletely as higher Treasury yields diminished the interest of values.

Japan’s Nikkei was down 0.5%, South Korea’s KOSPI dropped 0.3% and Australian stocks declined 1%.

Hong Leong Investment Bank (HLIB) Research said following the negative execution on Wall Street, benefit taking exercises may rise and it might shorten the upside of the KLCI around 1,775-1,780. (Stock Signals

“Ought to there be an infringement underneath 1,760, next help will be set around 1,750,” it said.

Bursa Malaysia fell 28 sen to RM10.52, Genting Malaysia nine sen bring down at RM5.67 and IOI Corp eight sen down at RM4.53. MISC shed seven sen to RM7.36 with 100 offers done.

Heineken hit a hindrance, falling 86 sen to RM17.64 with 62,700 offers done, Hartalega nine sen down at RM6.78, Pintaras seven sen bring down ar RM4.20 and Petron six sen to RM7.80.

CCB rose 10 sen to RM2.35, CMSB added nine sen to RM4.13, Alcom five sen to RM1.74 and Lion FIB four sen to 57.5 sen.

DNeX and the warrants rose one sen each to 59.5 sen and 31 sen in dynamic exchange.

Stock Trading Pick

CIMB Equities Research is holding its Add call for DNeX with a higher entirety of-parts based target cost of 75 sen following its lady raid into downstream retail oil and gas. The last exchanged cost was 59 sen (Stock Tips).

Reuters announced oil costs fell by over 1% right off the bat Friday, with US unrefined prospects plunging underneath US$45 per barrel as news of an ascent in US generation added to before reports that OPEC yield was additionally on the ascent.

Brent rough prospects, the global benchmark at oil costs, were exchanging down 58 pennies, or 1.2%, at US$47.53 per barrel by 0137 GMT. US West Texas Intermediate (WTI) rough prospects were at $44.95 per barrel, down 57 pennies, or 1.3%.

Hot Stocks Of The Day
1. SENDAI
2. DNEX
3. VERSATL
4. IJACOBS
5. MUDAJYA
SGX INTRADAY SIGNALS: BUY GCCP AT 0.038 TARGET 0.040, 0.042 SL 0.035 
 

SGX INTRADAY UPDATE: GCCP AT 0.042, OUR FINAL TARGET DONE. 

For Live Update: www.mmfsolutions.my

Top 5 KLSE stock signals that you should consider as an investor

KLSE stock signals

Markets are uncertain and the investors are not sure when and where to invest, this is the most common problem one investor face. In such a situation, people follow various stock picks and stock signals (KLSE stock signals) to overcome this situation and analyze the market scenario.

2017 has observed various geopolitical phases prevailing in the industry and the stockholders and investors have found a way or other to manage profitable returns from these geopolitical tensions.

Malaysia has also observed a huge change in oil prices, export rates, changing economy growth, and so on. Therefore, to cop up with these changes, we bring you one of the most profitable stock signals, which either are into strong market phase or are good in dividend yields.

  1. Inari AmertronBhd

A double-digit return is expected as the company is expected to quote the growth in double digits this year. The company’s earning per share is expected to rise by 24% and revenue as per 22%.

The company is also going to benefit from the working relationship with Broadcom and 3 years supply agreement with apple.

  1. Magni-Tech Industries Bhd:

One of the largest equipment manufacturing company for the well-versed brand NIKE in Malaysia is expecting a huge sale and revenue growth this year and thus enhanced EPS. Currently the EPS ratio is around 10.09 TTM and a market cap of 1.212(B MYR).

  1. CLASSIC Scenic Bhd

The company is into wooden picture frame manufacturing and has share dividend yield of around 7% this year. This is much above the market average standards.

The last t=year performance of the company was also remarkable and the revenue rise was around 22.7% and gross profit margin rose up to 44%.

Other strong KLSE stock signals, which an investor must consider, are:

Sime Darby Bhd
Genting Malaysia Bhd
Ta Ann Holdings Bhd

Conclusion:

Malaysia is one of the fastest growing country with enhanced growth opportunity in terms of trade and revenues.

With this fact, the stock market investors have a strong growth opportunity of profitable returns. Reach us for similar stock market picks and latest signals. Start a free 3 days trial now and book the most promising returns for your KLSE stock investment portfolio.

CIMB Equities Research has downgraded top glove to hold but higher target price

KUALA LUMPUR: CIMB Equities Research has minimized Top Glove Corporation Bhd to Hold as stock is genuinely esteemed at RM5.61. – Latest Hot Stocks in Malaysia

It said on Monday taking after its profit overhaul,

Tts objective value ascends to RM5.75, still in view of 19 times CY18F cost to-income (P/E) (one standard deviation over its five-year mean).

Latest Hot Stocks in Malaysia

“Nonetheless, we downsize Top Glove to a Hold as it shows up genuinely esteemed after its current offer value appreciation. While the standpoint of the glove area stays brilliant, we trust Top Glove’s present valuations have calculated in the enhanced supply-request flow. – Latest Hot Stocks in Malaysia

“We would turn more positive upon a sharp gratefulness in US$/Ringgit or more grounded than-anticipated deals. Drawback hazard: more grounded evaluating rivalry,” it said.

Best Glove announced 3QFY17 income of RM869.9mil (+2.1% on-quarter) while center net benefit came in at RM77.7mil (- 6.4% on-quarter).

The weaker-than-anticipated outcomes were for the most part because of lower deals volume (- 5% on-quarter) as specific customers conceded buys in perspective of the spike in normal offering costs (ASPs).

Additionally, gainfulness was affected by valuing confound because of the time slack in passing on higher crude material costs (latex: +18.6% on-quarter, nitrile: +24.1% on-quarter).

Because of powerless 3QFY17 outcomes, 9MFY8/17 net benefit was underneath desires at 70% of our and 69% of Bloomberg accord entire year gauges.

The 9MFY17 income rose 15.7% on-year to RM2.5bil, because of higher deals volume (+5% on-year) and increment in ASPs (+7% on-year).

Be that as it may, net benefit fell 20.8% on-year to RM234.1mil because of: i) lower money picks up, ii) higher working expenses, and ii) spike in crude material costs (latex: +54% on-year, nitrile: +15% on-year).

The 9MFY17 income before intrigue, duty, deterioration and amortization (EBITDA) edges declined to 14.3% (- 5.5 rate focuses on-year).

"We anticipate that 4QFY17 will be more grounded on-quarter, with net benefit in the locale of RM85mil to RM90mil, on the back of: i) more grounded deals volume on-quarter, and ii) bring down costs for crude materials including latex value, which has declined to RM5.65/kg as of now (3QFY17: RM7.06/kg)," it said.

Beat Glove ought to likewise profit by the time slack in bringing down its ASPs to mirror the decrease in crude material costs.  Latest Hot Stocks in Malaysia

New limit from its Factory 30 (add up to limit: 2.8bil for every annum) will bit by bit gone ahead stream starting August 2017. Creation ability to ascend to 59.7bil gloves for each annum by December 2018F.

"We bring down our FY17F EPS by 2.3% to mirror the weaker-than-anticipated 3QFY17 deals volume. Be that as it may, we lift our FY18-19F EPS by 0.9%-3.5% to represent the lift to its generation limit (+1.1bil pieces per annum) taking after its current obtaining of two glove processing plants in May.

“This is notwithstanding three new plants as of now under development, with aggregate limit of 10.6 billion bits of gloves for each annum. Best Glove anticipates that its creation limit will increment by 24.3% to 59.7 billion gloves for every annum by December 2018 (from flow limit),” said CIMB Research.

Latest Hot Stocks for traders

1. FGV-C24 (Bursa: 522224): 0.055 +0.015 (+37.50%)
2. FGV-C26 (Bursa: 522226): 0.060 +0.010 (+20.00%)
3. FGV-C23 (Bursa: 522223): 0.055 +0.015 (+37.50%)
4. SMRT-WA (Bursa: 0117WA): 0.045 +0.010 (+28.57%)
5. FGV-C21 (Bursa: 522221):  0.030 +0.005 (+20.00%)

Stock Pick in Malaysia: Benchmark FBM KLCI remains higher at mid-morning

KUALA LUMPUR: The benchmark FBM KLCI stayed higher at mid-morning at over the 1,790-level on kept purchasing energy in chose heavyweights, in the midst of unfaltering provincial markets. – Stock Pick in Malaysia

At 11.05am (Stock Pick in Malaysia),

The key FTSE Bursa Malaysia KLCI (FBM KLCI) rose 6.50 focuses to 1,796.51 from Thursday’s 1,790.01, in the wake of opening 1.3 focuses better at 1,791.31.

Nonetheless, showcase expansiveness was negative with failures outpacing gainers 352 to 273, while 350 counters were unaltered, 819 untraded and 24 others suspended.

Turnover remained at 779.997 million offers worth RM482.84 million.

Among heavyweights, TNB rose eight sen to RM14.50, Axiata went up five sen to RM5.02, MISC bounced nine sen to RM7.44, Public Bank expanded six sen to RM20.44, Sime Darby added two sen to RM9.63, CIMB increased one sen to RM6.77 while Maybank was level at RM9.64.

Effectively exchanged stocks toward the beginning of today included SMTrack, which expanded 1.5 sen to seven sen, Netx Holdings and Frontken crept up a large portion of a-sen each to six sen and 31 sen, individually, while Nexgram and Sumatec were level at five sen and 5.5 sen. –  Stock Pick in Malaysia

The FBM Emas Index enhanced 29.51 focuses to 12,786.83, the FBMT100 Index was 31.42 focuses higher at 12,428.99, the FBM Emas Shariah Index extended 36.74 focuses to 12,996.89, the FBM 70 declined 12.35 focuses to 15,186.57 and the FBM Ace fell 4.92 focuses to 6,337.35.

On a sectoral premise, the Finance Index progressed 54.69 focuses to 16,929.61, the Plantation Index rose 7.97 focuses to 7,936.55 and the Industrial Index was 9.06 focuses higher at 3,296.37.

Stock Pick in Malaysia