Company Overview and News

KLCI pares loss, moves above 1,730 level

40m theedgemarkets
KUALA LUMPUR (Oct 19): The FBM KLCI pared some of its loss at the midday break and moved above the 1,730-point level.
7084 4065 7113 TPGVF BATS 4162 1163 9334 6033 5199 TGLVY 2038 5216 PNADF 2739 HIPEF PNAGF GEBHF MSCI

KLCI falls 0.52% alongside regional markets

3h theedgemarkets
KUALA LUMPUR (Oct 19): The FBM KLCI lost 0.52% at mid-morning today, tracking losses at the regional markets.
HLFBF 6491 9385 4065 1082 7113 TPGVF BATS 4162 7006 9334 6033 5199 7079 TGLVY 5029 PNADF 3867 HIPEF PNAGF GEBHF

KLCI trends lower in line with struggling regional markets

2018-09-25 theedgemarkets
KUALA LUMPUR (Sept 25): The FBM KLCI trended lower in line with struggling regional markets, but losses were seen capped.
4634 1023 5183 PECGF 9172 4065 2062 MYPRY 5014 3794 9059 CIMDF

KLCI dips 0.55% in line with regional pull back

2018-09-12 theedgemarkets
KUALA LUMPUR (Sept 12): The FBM KLCI dipped 0.55% at midday break today, in line with pull back at most regional markets.
4065 7036 7113 5681 TPGVF 0096 9334 6033 7277 7123 5199 TGLVY 5139 5238 PNADF 3026 0900 2836 HIPEF PNAGF 3719

KLCI pares gains, dips below 1,800-level as regional markets slip

2018-09-07 theedgemarkets
KUALA LUMPUR (Sept 7): The FBM KLCI pared some of its gains at mid-morning today amid some chopping trading as regional markets slipped.
4065 7036 BATS 4162 0096 7087 5014 7123 4863 3867 5819 MYPRY MYTEF 2836 BSMAF GEBHF 3719 1818

PPB’s long-term prospects seen to be promising

2018-09-06 theedgemarkets
PPB Group Bhd (Sept 5, RM16.88) Maintain neutral with a higher target price (TP) of RM17.63: PPB Group Bhd organised an analyst briefing on Tuesday and we returned feeling positive about the company’s long-term prospects. This is due to long-term stable earnings prospects seen from Wilmar International Ltd, improved earnings from PPB’s grains and agribusiness division and its superior balance sheet with net cash of RM684 million.

KLCI remains in the red, down 0.52% in line with region

2018-09-05 theedgemarkets
KUALA LUMPUR (Sept 5): The FBM KLCI remained in the red at mid-morning and was down 0.52%, in line with the weaker regional markets.
HLFBF APEXF 7173 PBLOF 7090 4065 7036 1082 BATS 4162 0162 1295 8311 6033 PNADF 0104 2216 5819 PNAGF 3719

PPB Group to launch bungalows in Taman Tanah Aman, Penang by end-2018

2018-09-04 theedgemarkets
KUALA LUMPUR (Sept 4): PPB Group Bhd plans to roll out Phases 3 and 4 of Taman Tanah Aman in Seberang Jaya, Penang by end 2018. The phases comprise a total of 36 units of 3-storey bungalows.

KLCI ends August on firm note, up 1.75% on-month

KUALA LUMPUR: The FBM KLCI ended a volatile August on a firm note, with the market seeing the re-entry of foreign funds – but still not in a big way – since the May 9 General Election. For the month, the KLCI is up 1.75% or 31.3 points to end at 1,819.66. However, the 30-stock index is still way off the all-time closing high of 1,895 on April 19. At 5pm on Thursday, the KLCI was down 0.98 of a point to 1,819.
PBLOF BRDBF 4065 7113 4197 5681 TPGVF 1295 6033 5210 TGLVY PNADF SMEBF 5819 PNAGF

Econpile, Destini, Sentoria, Dayang Enterprise, Telekom Malaysia, Bumi Armada, CIMB, Taliworks, YTL Corp, Pos Malaysia, Genting Malaysia, UMW Holdings, PPB Group, Boustead Holdings and 7-Eleven

2018-08-29 theedgemarkets
KUALA LUMPUR (Aug 29): Based on corporate announcements and news flow today, stocks in focus on Monday (Aug 30) may include Econpile Holdings Bhd, Destini Bhd, Sentoria Group Bhd, Dayang Enterprise Holdings Bhd, Telekom Malaysia Bhd, Bumi Armada Bhd, CIMB Group Holdings Bhd, Taliworks Corp Bhd, YTL Corp Bhd, Pos Malaysia Bhd, Genting Malaysia Bhd, UMW Holdings Bhd, PPB Group Bhd, Boustead Holdings Bhd and 7-Eleven Malaysia Holdings Bhd.
BSTHY WLMIF BRDBF GMALF 4065 5253 5141 6742 5213 2771 CIMDF 5210 4634 GMALY WLMIY 1023 4588 4863 4715 YTLPF MYTEF BSMAF F34 1818

PPB Group's 2Q net profit more than triples, pays 8 sen dividend

2018-08-29 theedgemarkets
KUALA LUMPUR (Aug 29): PPB Group Bhd, which is controlled by tycoon Robert Kuok, saw its net profit more than triple to RM304.47 million in the second quarter ended June 30, 2018 (2QFY18) from RM93.2 million a year ago, on higher profit contribution from its 18.5%-owned associate Wilmar International Ltd.

PPB Group makes RM311mil net profit

KUALA LUMPUR: PPB Group Bhd 's net profit for the second quarter ended June 30, 2018 jumped to RM311mil from RM96.4mil in the same quarter last year.
4065 BSMAF 1818

KLCI snaps winning streak as Digi, Hartalega slump

KUALA LUMPUR: The FBM KLCI closed lower on Wednesday as funds took profit on Digi, Hartalega and IHH Healthcare amid a weaker broader market but stocks in focus were Bumi Armada , FGV Holdings and Supermax. At 5pm, the KLCI was down 6.26 points or 0.34% to 1,820.64. Turnover was 2.69 billion shares valued at RM2.63bil. Decliners beat advancers 629 to 355 while 337 counters were unchanged. Global stocks faltered on Wednesday as optimism over a US-Mexico trade deal faded with investors anxious about Canada’s acquiescence and eyeing a deadline for the next round of China-U.
PBLOF BRDBF 4065 4197 5681 1295 6033 5210 PNADF 5225 SMEBF 5819 Q0F IHHHF PNAGF

Rebound on technical support level

2018-08-23 theedgemarkets
The FBM KLCI snapped a five-week gain last week as the market started to take profit. The index declined 1.2% in a week to 1,783.47 points last Friday, in line with global market performances. However, the index rebounded this week and closed at 1,798.11 points.
4065 MYPRY 5168 5014 7277 HRGHY

PPB Group’s associate Wilmar 2H earnings expected to improve

2018-08-15 theedgemarkets
PPB Group Bhd (Aug 14, RM16.88) Maintain outperform with an unchanged target price of RM18.60: PPB Group Bhd’s associate, Wilmar International Ltd, recorded a first half of financial year 2018 (1HFY18) core net profit (CNP) of US$410 million (RM1.68 billion), which was broadly in line with expectations at 35% of the consensus’ US$1.16 billion forecast and our US$1.17 billion estimate. Historically, Wilmar’s earnings are stronger in 2H, accounting for 60% to 70% of full-year CNP.

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