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Malaysian Stock In Focus This Week 11-15 December 2018

We are just at end of the year 2018, but you can’t be lazy just because you are waiting for the new year to knock in your door with good news. An active trader never loses his grip on market analysis. He doesn’t just wait for opportunities but he seizes it in the right moment and moment can be off days, weeks or months.

Multi-Management Future Solution is here to deliver the latest report on Malaysian Stocks for with the help of our experts on technical analysis for the current week i.e. 11-15 December.

Poh Kong Holdings Bhd

Here we are taking the first stock on the list Poh Kong Holdings Bhd (Code: POHKONG), an investment holding company, manufactures, trades in, and retails jewelry, precious and semiprecious stones, and gold ornaments primarily in Malaysia with market cap 185 million.

According to the Bloomberg data, Poh Kong Holdings Bhd dividend payout ratio for this month is 2.22% and recommended first and final single tier dividend of 1.00 sen per share for the fiscal year ended July 31, 2018, payable on March 08, 2019. Ex-date is February 13, 2019.

Why investors should follow Poh Kong Holdings Bhd?

The PHOKONG unaudited combine its earnings results for the first quarter ended October 31, 2018 dive, 41% year-on-year to RM3.16 million, from RM5.36 million already because of changes in gold costs. For the quarter, the company reported revenue 17% higher at  MYR 258,364,000 against MYR 220,925,000 a year ago. This higher income was due to the expansion achieved after gold gems and gold supposition items and extra income contributed from new outlets in the present quarter under audit.

Sapura Energy Bhd

The second stock in the list is the famous oil and gas stock of Malaysia Sapura Energy Bhd’s (Code: SAPNRG) provides integrated oil and gas services and solutions with market cap 2.06 Million. The Company offers engineering, fabrication, construction, installation, hook up, commissioning, drilling, exploration, and production of oil and gas fields.

Sapura Energy Bhd is the most active stock of KLSE index from November and its price must be right and it would need to open up to new markets, Quarterly revenue grew 17.4% to RM1.5 billion from RM1.28 billion previously, the group said in a filing with Bursa Malaysia.

Why investors should follow Sapura Energy Bhd?

In the interim, Sapura Energy and its associates have won an RM3 billion contract from Oil and Natural Gas Corp Ltd (ONGC) in India. Sapura Energy said the new contract win improves the gathering’s quality in the developing business sector.

Sapura Energy shares were up 2 sen or 6% at 35.5 sen, for a market capitalization of RM2.13 billion. The total deficit limited to RM31.09 million in the second from last quarter finished Oct 31 from RM274.41 million per year back, in accordance with a higher income, which rose 17.36% to RM1.50 billion from RM1.28 billion every year prior.

Petroleum Nasional Bhd

The last but not least Petroleum Nasional Bhd, also known as Petronas (PETGAS) operates as an integrated oil and gas company in Malaysia and internationally with the market cap 37.794 Million. The BHD markets petroleum products and operates service stations domestically. Through its subsidiaries, the Company has operations in aviation fueling at Kuala Lumpur International Airport and bunkering facilities at West Port along with marketing and distributing lubricants.

The Petronas is the potential performer as KLSE gainer stock from last few months in this year. The interim dividend of 16 sen per ordinary share for the quarter ended September 30, 2018. Payment date is December 26, 2018. EX-date is December 10, 2018. Entitlement date is December 12, 2018.

Why investors should follow Sapura Energy Bhd?

Petronas (PETGAS) have just put US$500m in a pilot organize in the La Amarga Chica territory. The main well of the pilot stage was drilled in 2015 and generation achieved 9,800 bbl/d. With the new joint endeavor, generation is required to achieve 20,000 bbl/d in 2019 and 60,000 bbl/d by 2022. The venture could reach US$7bn inside 20 years with an intent to drive generation up to 75,000 bbl/d.

Don’t stay behind the current KLSE market, stay one step ahead with Multi Management Future. For current stock picks, expert advice and news call us now!

 

 

 
 

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Malaysian Stock In Focus This Week 11-15 December 2018

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