Trading ideas: IHH Healthcare, LBS Bina, APB Resources, Wah Seong, NCT Allianc and MISC


KUALA LUMPUR: Stocks that might seem on buyers’ radar display screen on Thursday embody IHH Healthcare, LBS Bina, APB Resources, Wah Seong, NCT Allianc and MISC, based on JF Apex Research.

IHH Healthcare intends to file a movement to dismiss the amended grievance by Emqore Envesecure Private Capital Trust for the lawsuit involving damages in extra of US$6.5 billion.

LBS Bina stated its property gross sales goal for 2022 is RM1.6bil, to be achieved by 14 deliberate launches that can cowl the Klang Valley, Johor, Pahang and Perak.

This will quantity to three,733 models with a gross growth worth of RM1.77bil.

In 2021, it achieved RM1.575bil in property gross sales, surpassing its RM1.2bil goal.

APB Resources’ unit Amalgamated Metal Corp (M) Sdn Bhd has accepted a purchase order order from Singapore’s Desmet Ballestra (SEA) Ptd Ltd to assemble stress vessels, columns and warmth exchangers value RM10.4mil.

Wah Seong is promoting a leasehold property on Pandan Road, Singapore for S$13mil (RM40.1mil) as a part of its initiative to unlock idle property and enhance its working capital place.

NCT Alliance (previously generally known as Grand-Flo) might be labeled as a property inventory from Jan 10. The counter is at present labeled beneath the expertise sector.

MISC’s wholly-owned subsidiary AET has taken supply of the primary of three Suezmax Dynamic Positioning (DP2) shuttle tankers meant for long-term constitution with world oil firm Shell.

Meanwhile, JF Apex stated the FBM KLCI might stay sideways with help at 1,540 factors following the latest rally of 6.05 factors to 1,547.95.

The US market plunged in a single day after minutes from the Federal Reserve’s assembly final month revealed additional tapering.

Bond yields rose at its quickest tempo in twenty years.

Earlier, European markets ended blended as shares took a breather after hitting a report excessive because the PMI confirmed a gradual Euro zone financial system in December because of Covid-19.

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