Company Overview and News

Kenanga issues four new O&G warrants as oil breaches US$80

2018-10-01 theedgemarkets
KUALA LUMPUR (Oct 1): Kenanga Investment Bank Bhd (KIBB) has issued four new structured warrants covering the O&G sector, just as Brent crude oil prices surpassed US$80 a barrel this week.
0166 BRDBF 7022 5012 GBTKF 5210

KLCI recovers to erase earlier loss in line with region

2018-09-13 theedgemarkets
KUALA LUMPUR (Sept 13): The FBM KLCI recovered at midday break, erasing earlier losses, climbing in line with regional peers.
HLFBF UPBMF 7036 1082 BATS 4162 0096 2089 5014 CIMDF 0166 5139 1023 1368 0900 5819 MYPRY 2836

Inari earnings hit by higher income tax on subsidiary

For the full year, Inari’s net profit was up 9.44% to RM249.27mil on the back of a 16.94% increase in revenue to RM1.38bil.

Inari Amertron posts stronger FY18 profit, pays 2 sen dividend

2018-08-28 theedgemarkets
KUALA LUMPUR (Aug 28): Inari Amertron Bhd reported a 13% year-on-year decline in net profit for its fourth quarter ended June 30, 2018 (4QFY18) to RM57.10 million from RM65.53 million, as its profit allocation to non-controlling interests jumped to RM9.76 million versus RM431,000 previously.

Economist: Govt to review several subsidy systems next year

2018-08-26 malaymail
KUALA LUMPUR, Aug 26 ― The government is expected to review several subsidy systems by next year, says Maybank Investment Bank Bhd (Maybank IB) Group Chief Economist Suhaimi Ilias.
0166 7293 1015 AMMHF 1163 GEBHF

Inari Amertron rated new underweight at JPMorgan

2018-08-16 theedgemarkets
KUALA LUMPUR (Aug 16): J.P. Morgan initiated coverage of Inari Amertron Bhd with a recommendation of underweight.

Foreign funds turn net buyers

PETALING JAYA: Foreign funds are turning constructive on Malaysia’s outlook under the new government, according to Maybank Investment Bank (Maybank IB).
0166 BSMAF 1818

Bursa tech stocks advance as global semiconductor sales continue to grow

2018-08-06 theedgemarkets
KUALA LUMPUR (Aug 6): The Technology Index on Bursa Malaysia was the top gainer on the Malaysian stock exchange as it jumped by 1.04% to 38.85 points following stronger global semiconductor sales during the first half of the year.
0166 8338 AAPL BSMAF 7022 GBTKF 1818

KLCI dips 0.17% as Maybank, Tenaga retreat

2018-07-31 theedgemarkets
KUALA LUMPUR (July 31): The FBM KLCI retreated in early trade this morning, tracking losses at most regional markets following the overnight bearish close at Wall Street and European markets.

Inari Amertron falls 4.9%, outpacing losses in KLCI

2018-07-30 theedgemarkets
KUALA LUMPUR (July 30): Inari Amertron Bhd shares fell 4.9 percent, more than any full-day drop since June 11, as Malaysia's benchmark index declined.

Maybank IB issues 15 call warrants, one put warrant

2018-07-26 theedgemarkets
KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) has issued 15 new cash-settled call warrants over shares in Bumi Armada Bhd, Eco World Development Group Bhd, Gamuda Bhd, Globetronics Technology Bhd, Hengyuan Refining Co Bhd, IJM Corp Bhd, Inari Amertron Bhd, MyEG Services Bhd, Sime Darby Property Bhd, Sime Darby Bhd, Tenaga Nasional Bhd, Unisem (M) Bhd, VS Industry Bhd, YTL Corp Bhd and the FBM KLCI.
0166 5347 BRDBF 8206 SMEBF TNABY 4197 TNABF 7022 GBTKF 5210

Higher revenue from RF segment expected for Inari

2018-07-26 theedgemarkets
Inari Amertron Bhd (July 25, RM2.44) Maintain buy with a higher fair value of RM2.61: We have revised our financial year 2019 forecast (FY19F) and FY20F earnings marginally upwards by 4.1% and 4.2% respectively after factoring in a slightly higher utilisation rate for its radio frequency (RF) segment. We believe that the segment will continue to grow sturdily on the back of rising RF content in smartphones, which is needed to facilitate the transition from 4G LTE to 5G.
0166 1899

Maybank IB issues 15 New Call Warrants and 1 New Put Warrant

2018-07-25 theedgemarkets
KUALA LUMPUR (July 25): Maybank Investment Bank (IB) Bhd has issued fifteen new European style cash-settled call warrants and one new European style cash-settled put warrant, which were listed today with an issue size of 100 million each.
0166 5347 BRDBF 8206 SMEBF TNABY 4197 TNABF 7022 GBTKF 5210

Malaysia earnings more important than macro in second half: Citi

2018-07-20 theedgemarkets
SINGAPORE (July 20): The ability of companies to deliver on “raised earnings expectations” amid higher bond yields globally is more important than macro economic concerns for the second half of the year, Citigroup analyst Patrick Yau writes in note.
0166 GMALY PBLOF 4715 GMALF 1295

KWAP to raise equities weightage

2018-07-18 theedgemarkets
KUALA LUMPUR: Retirement Fund (Inc), also known as Kumpulan Wang Persaraan (Diperbadankan) (KWAP), plans to increase the weightage of equities in its portfolio, as it still has room to increase its allocation of equities, amid uncertainties in the global and domestic markets.
0166 BSMAF 7022 GBTKF 1818

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