Company Overview and News

KLCI up 0.39% in tandem with regional uptrend

22h theedgemarkets
KUALA LUMPUR (Sept 21): The FBM KLCI rose 0.39% at midday break Friday, tracking gains at regional markets, as worries over the US-China trade tensions abated somewhat.
7084 7052 GMALF 5681 BATS 4162 5134 7079 GMALY 5139 KLKBY 2445 3301 4715 7216 0900 0026 2836

KLCI pares gains, stays up 0.28%

2018-09-20 theedgemarkets
KUALA LUMPUR (Sept 20): The FBM KLCI pared some of its gains and was up 0.28% at midday break, while remaining above the crucial 1,800-point level, in line with the advance at most regional markets.
HLFBF APEXF 7052 5183 7090 GMALF PECGF 1082 2291 0096 5256 9334 5134 7277 5199 GMALY 5436 4588 3026 4715 5819 2836 HIPEF

Most rise on respite from trade war worries

2018-09-20 theedgemarkets
(Sept 20): Most Southeast Asian stock markets rose on Thursday, in line with Asian peers and overnight gains on Wall Street, while investors took heart as Sino-U.S. trade war pressures seemed to have eased.

KLCI rises 0.46% as select blue chips lift

2018-09-20 theedgemarkets
KUALA LUMPUR (Sept 20): The FBM KLCI rose 0.46% at mid-morning, tracking gains at the regional markets, lifted by select index-linked blue chips.
HLFBF 7052 GMALF 1082 BATS 4162 0096 5256 5199 GMALY 5139 5258 3301 4715 0900 5208 5819 2836 HIPEF

Genting Malaysia’s growth prospects still seen positive despite US setback

2018-09-19 theedgemarkets
Genting Malaysia Bhd (Sept 18, RM4.87) Maintain buy with an unchanged target price of RM5.70: Genting Malaysia Bhd has announced that the US federal government, via the Department of Interior (DoI), had recently issued a decision stating that the Mashpee Wampanoag Tribe would not be granted the disputed land in trust for developing the First Light Resort & Casino (FLRC) in Taunton, south of Boston, the US.

Positive outlook for Genting despite theme park delays

Visitor count to the hilltop resort increased by 21% year-on-year to 12.8 million as of June, due to the new facilities opened under the Genting Integrated Transformation Plan that included the SkyCasino, SkyAvenue mall and Awana Skyway cable car.

KLCI to trade range bound, hover around 1,800-level

2018-09-17 theedgemarkets
KUALA LUMPUR (Sept 18): The FBM KLCI is expected trade range bound today and hover around the 1,800-point level today, given the positive domestic sentiment after Morgan Stanley last week upgraded Malaysia stocks to equal weight
GMALF 7006 9598 GMALY 4995 4715 7208 MS

Tropicana, Latitude Tree, Versatile Creative, Vertice, Euro Holdings, Genting Malaysia, Gamuda and Pintaras Jaya

2018-09-14 theedgemarkets
KUALA LUMPUR (Sept 14): Based on corporate announcements and news flow today, companies that may be in focus on Tuesday (Sept 18) may include the following: Tropicana Corp Bhd, Latitude Tree Holdings Bhd, Versatile Creative Bhd, Vertice Bhd, Euro Holdings Bhd, Genting Malaysia Bhd, Gamuda Bhd and Pintaras Jaya Bhd.
GMALY 4995 4715 GMALF 7208 7006 BSMAF 9598 1818

Genting Malaysia still in talks with US tribe to recover RM1.77b notes

2018-09-14 theedgemarkets
KUALA LUMPUR (Sept 14): Genting Malaysia Bhd (GENM), which had subscribed to promissory notes issued by the Mashpee Wampanoag Tribe in the US in 2016 for an integrated gaming resort development in the US, said it is still deliberating the appropriate course of action for its investment in the promissory notes, as well as its recoverability.

KLCI slips lower as region expects lift on renewed trade talks

KUALA LUMPUR: Bursa Malaysia once again showed an uncertain start with a positive showing at the opening bell that quickly descended into the red. The mood among investors in Asian markets were expected to pick up on Thursday as US officials extended another invitation to China to hold bilateral talks in an effort to resolve the current trade dispute. Wall Street had picked up slightly overnight on news of the trade talks while Japan's Nikkei rose about 1% in early Thursday trade.

FBM KLCI down after volatile trade; Genting Malaysia up

2018-08-30 theedgemarkets
KUALA LUMPUR (Aug 30): The FBM KLCI pared losses for a 1.01-point or 0.06% drop after volatile trade as investors evaluated Malaysian corporate earnings and as China-US trade spat concerns lingered.
GMALY 4715 GMALF 5819

Trading ideas: Econpile, Destini, Sentoria, Dayang

KUALA LUMPUR: Econpile Holdings Bhd , Destini Bhd , Sentoria Group Bhd and Dayang Enterprise Holdings Bhd are among the stocks to watch today, according to JF Apex Research.
4634 GMALY BSTHY 4715 GMALF 5253 5141 5213 2771 GEBHF

Genting first half earnings retreat

Revenue and Ebitda from Resorts World Sentosa for H1’18 were comparable with that of the previous year, with growth in both the gaming and non-gaming businesses.

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