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Gas Malaysia upgraded after strong results

CIMB Research, which has upgraded the stock to an “add” from a “hold”, noted that the company expected gas volume growth in the near term to range between 6% and 6.5% per year. (2-0)

Gas M’sia earnings up on higher tariffs, sales volume

Better year: A worker inspects Gas Malaysia’s gas regulating station in Shah Alam. The company’s net profit for financial year 2017 increased 18 to RM194.64mil from RM165.14mil a year earlier. (6-0)

Gas Malaysia’s profit improves on higher sales

2018-02-15 themalaymailonline
KUALA LUMPUR, Feb 15 — Gas Malaysia Bhd boosted its pre-tax profit by 16.6 per cent to RM248.18 million for the financial year ended Dec 31, 2017 (FY17), driven by an increase in the volume of gas sold. (6-0)

Gas Malaysia sees rising profits in FY18

KUALA LUMPUR: Gas Malaysia Bhd said higher gas tariff and increased sales volume boosted net profit in the last quarter ended Dec 31, 2017 (FY17). (2-0)

EPF chairman heads list of federal award recipients this year

2018-02-01 themalaymailonline
PUTRAJAYA, Feb 1 — Employees Provident Fund Chairman Tan Sri Samsudin Osman leads the list of 370 recipients of federal awards and medals in conjunction with the Federal Territories Day today. (2-0)

Debt raising vital for Khazanah stable of enterprises

Power funding: TN B has the most amount of debt at RM21.6bil given the expensive nature and demands for funding power stations. — Reuters (22-0)

PetGas down on earnings risk

The subsidiary of Petroliam Nasional Bhd (Petronas), which slid 52 sen to RM18.36, also emerged as the fourth biggest loser on Bursa Malaysia yesterday. (16-0)

PetGas 2019 earnings seen at risk from TPA

2018-01-16 themalaymailonline
Workers arrange refilled Petronas gas cylinders at a shop in Ampang, Kuala Lumpur March 1, 2016. ― AFP picKUALA LUMPUR, Jan 16 — CIMB IB Research maintained its “hold” rating on Petronas Gas Bhd (PetGas) at RM18.90 with an unchanged target price of RM19.40 after the firm announced that the Third Party Access (TPA) system would implemented from today. (7-0)

Association: Competitive pricing of LNG likely by 2019

Secretary-general Rosman Ham-zah said the TPA, introduced in January 2017, was aimed at opening the gas supply market to third parties including foreign companies, to sell gas to any consumer in Malaysia on a willing buyer-willing seller basis. (7-0)

Glovemakers can cover price hike

PETALING JAYA: Glovemakers are not expected to face much difficulty raising their average selling prices although the quantum of gas price increase was higher than expected. (3-0)

Breakfast briefing: Thursday, November 30

MarketWatch: The Nasdaq posted its biggest one-day drop in more than three months on Wednesday as investors fled high-flying technology stocks and shifted to banks and other pockets of the market that could benefit from improving economic conditions, lower regulations and taxes as well as higher interest rates.. The DJIA rose 103.97 points, or 0.44%, to 23,940.68, the S&P 500 lost 0.97 point, or 0. (17-0)

Trading ideas: Serba Dinamik, Yinson, Gas Malaysia, Titijaya Land

KUALA LUMPUR: Serba Dinamik Holdings Bhd, Yinson Holdings Bhd , Gas Malaysia, Titijaya Land are among the stocks to watch on Thursday, according to JF Apex Research. (2-0)

Gas price hike in 2018

From next year, the effective gas tariff rate will be increased by an average of 16. (Picture shows workers patching up a gas pipe at the Kapar Petronas metering station. — Bernama filepic (3-0)

Bursa ends higher on blue-chips buying

2017-11-29 themalaymailonline
KUALA LUMPUR, Nov 29 — Bursa Malaysia extended earlier gains to close higher today with the key index moving in positive territory throughout the day on the back of persistent buying support for blue-chips, led by Tenaga, dealers said. (10-0)