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Tuesday, 22 January 2019
SHANGHAI (Jan 22): Chinese authorities on Tuesday approved the release of a third batch of video games after a freeze for most of last year, with industry leader Tencent Holdings Ltd again absent from the list of approved titles. The list from ...
Tuesday, 22 January 2019
Day 1 (Feb 4) — Eve of Chinese New Year Visit a flower market On the day of arrival, have an easy-going day enjoying by one of the lively flower markets this city has to offer. Locals shop for seasonal flowers and plants as they symbolise different ...
Tuesday, 22 January 2019
KUALA LUMPUR (Jan 22): Malaysia’s new strategy to combat drugs will focus on health and social support for users rather than enforcing criminal laws. The Cabinet task force to address the drug problem met Thursday and is of the opinion that Malaysia’s ...
Tuesday, 22 January 2019
SINGAPORE (Jan 22): Singapore and Malaysia will meet soon to discuss airspace and maritime-related disputes as both sides seek to ease tensions that recently flared. Transport ministers from the two countries will gather “in the coming weeks,” Malaysia’s ...
Tuesday, 22 January 2019
LTKM Bhd (-ve) TRADING of shares in chicken eggs producer LTKM Bhd (fundamental: 0.85/3, valuation: 2/3) triggered our momentum algorithm last Friday for the first time this year. The counter closed two sen or 1.87% higher at RM1.09, with 175,800 shares ...
Tuesday, 22 January 2019
Genting Plantations Bhd (-ve) TRADING of shares in Genting Plantations Bhd (fundamental: 1.7/3, valuation: 1.4/3) triggered our momentum algorithm last Friday for the first time ever. The counter closed six sen or 0.6% higher at RM9.98, with a market ...
Tuesday, 22 January 2019
LONDON (Jan 22): Equanimity is the sort of yacht that makes billionaires drool. But finding a buyer among the world’s super-rich is proving tough. The 300-foot ship, formerly owned by fugitive financier Low Taek Jho, failed to sell at auction last year ...
Tuesday, 22 January 2019
Xin Hwa Holdings Bhd (+ve) TRADING of shares in Xin Hwa Holdings Bhd (fundamental: 0.6/3, valuation: 0.5/3) triggered our momentum algorithm last Friday for the first time this year. The counter closed up half a sen or 0.63% at 80 sen, with a market ...
Tuesday, 22 January 2019
Pantech Group Holdings Bhd (Jan 18, 46.5 sen) Maintain buy with an unchanged target price (TP) of 71 sen: Pantech Group Holdings Bhd’s third quarter of financial year 2019 (3QFY19) core net profit of RM11.2 million — quarter-on-quarter (q-o-q): -4.9%; ...
Tuesday, 22 January 2019
Astro Malaysia Holdings Bhd (Jan 18, RM1.50) Maintain buy with a lower target price (TP) of RM1.70: On the back of a recent improvement in the Consumer Sentiment Index after the 14th general election, we believe Astro Malaysia Holdings Bhd’s earnings will ...
Tuesday, 22 January 2019
Muhibbah Engineering (M) Bhd (Jan 18, RM2.80) Downgrade to neutral with an unchanged target price (TP) of RM3.15: According to a Bursa announcement, Muhibbah Viccana joint venture (JV) has received a notice from Bintulu Port Authority to terminate its ...
Tuesday, 22 January 2019
DRB-Hicom Bhd (Jan 18, RM1.67) Maintain outperform with a lower target price (TP) of RM2.10: DRB-Hicom Bhd announced that Proton Automobiles (China) Ltd and Perusahaan Otomobil Nasional Sdn Bhd had been served with a legal claim amounting to 860.6 million ...
Tuesday, 22 January 2019
Kerjaya Prospek Group Bhd (Jan 18, RM1.28) Downgrade to market perform with an unchanged target price (TP) of RM1.20: Last week, Kerjaya Prospek Group Bhd announced that it had been awarded a construction contract for a proposed development project in ...
Tuesday, 22 January 2019
LONDON (Jan 21): Years after sweeping reform aimed at eliminating logjams in warehouses that collect rent for storing metal, a firm is preventing companies from getting material when they need it from a Malaysian port, five sources close to the matter ...
Tuesday, 22 January 2019
KUALA LUMPUR: The Election Commission (EC) has warned candidates in the Cameron Highlands parliamentary by-election that they may face stern action if they flout election regulations by treating voters to meals, giving gifts, holding official functions ...
Tuesday, 22 January 2019
(Jan 19): Prices of vegetable oils including palm oil are set to rise by US$50-US$100 per tonne by June, according to a forecast by industry analyst James Fry. "Prices of crude palm oil and other oils depend on the outlook for palm stocks. Stocks will ...
Tuesday, 22 January 2019
RHB Research said its top picks among consumer stocks are Mynews Holdings Bhd, AEON Co (M) Bhd and Power Root Bhd. “We like Mynews for its growth potential, driven by outlet expansion and the rollout of its fresh food products in its stores following the ...
Tuesday, 22 January 2019
(Jan 19): Benchmark palm oil prices are expected to rise to RM2,400 a tonne by end-March, according to forecasts by industry analyst Dorab Mistry, as the market has "bottomed out". The price forecast by Mistry, who is also the director of Indian consumer ...
Tuesday, 22 January 2019
KUALA LUMPUR: One of the factors that capped the growth of crude oil prices at US$86 (RM353.46) per barrel in 2018 was the faster-than-expected growth in shale oil production in the US, especially in the second half (2H) of the year. What is less talked ...
Tuesday, 22 January 2019
KUALA LUMPUR: The Inland Revenue Board of Malaysia achieved a new record in direct tax collection last year with RM137.035 billion collected, which is 11.13% or RM13.723 billion more than the RM123.312 billion collected in 2017, the ministry of finance ( ...
Tuesday, 22 January 2019
KUALA LUMPUR (Jan 22): Hong Leong Investment Bank Bhd analyst Huan Wen Gan downgraded the recommendation on British American Tobacco (M) Bhd (BAT Malaysia) to sell from hold. * Price target (PT) lowered to RM24.50 from RM32.80, implies 35% decrease. BAT ...

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