Company Overview and News

KLCI to track global loss, support seen at 1,770

2018-08-13 theedgemarkets
KUALA LUMPUR (Aug 14): The FBM KLCI is seen extending its loss today, tracking the overnight weaker close at most global markets, with support at the 1,770-point level.
5087 5102 5112 MSCI

Guan Chong, Mycron, Mynews, Malton, Pavilion REIT, TH Plantations and Vivocom

2018-08-13 theedgemarkets
KUALA LUMPUR (Aug 13): Based on corporate announcements and news flow today, stocks in focus tomorrow may include the following: Guan Chong Bhd, Mycron Steel Bhd, Mynews Holdings Bhd, Malton Bhd, Pavilion REIT, TH Plantations Bhd and Vivocom.
3778 5087 5102 5112

Mycron Steel managing director re-designated to non-executive role

2018-08-13 theedgemarkets
KUALA LUMPUR (Aug 13): Azlan Abdullah has been re-designated from his role of managing director of Mycron Steel Bhd to the role of non-independent non-executive director.
3778 5087

Steel sector to be hit by more global headwinds, says MIDF Research

2018-08-13 theedgemarkets
KUALA LUMPUR (Aug 13): Malaysia's steel sector is likely to experience further headwinds, as global demand is likely to be further hit by shaky demand from China's waning construction sector, in addition to risks from trade war tariffs, said MIDF Amanah Investment Bank Bhd Research.
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Steel manufacturers in a tight spot

2018-08-08 theedgemarkets
LOCAL steel manufacturers have found themselves in a tight spot again. Steel product manufacturers in the downstream segment have been exploiting loopholes in local anti-dumping regulations to bring in flat steel products, specifically cold rolled coil (CRC), at prices too low for local steel manufacturers to match.
7020 5094 5087

Stock With Momentum: Mycron Steel

2018-07-30 theedgemarkets
TRADING of shares in Mycron Steel Bhd (fundamental: 1.4/3, valuation: 1.5/3) triggered our momentum algorithm last Friday for the first time this year.

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