Trading ideas: Sapura Energy, Bermaz Auto, Evergreen Fibreboard, Pertama Digital, Ramssol Group, BTM Resources

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KUALA LUMPUR: Stocks that would see worth motion on Tuesday after latest company bulletins embrace Sapura Energy, Bermaz Auto, Evergreen Fibreboard, Pertama Digital, Ramssol Group and BTM Resources, in line with JF Apex Research.

Sapura Energy narrowed its internet loss by 56% to RM669.34mil for 3QFY22, from RM1.52 billion within the earlier quarter of 2QFY22, as 2QFY22 noticed greater undertaking prices recognised for sure initiatives and a provision for foreseeable losses.

Bermaz Auto’s internet revenue was up 5.04% yoy from RM24.79mil in 2QFY21, regardless of income declining 19.34% from RM599.84mil as a consequence of discount in gross sales quantity.

Evergreen Fibreboard stated a hearth broke out at its wholly-owned subsidiary’s wooden fibre storage bin in Segamat, Johor, on Saturday (Dec 11) morning, which killed two individuals.

Pertama Digital has inked a memorandum of understanding with CGS-CIMB Securities Sdn Bhd to develop and produce to market, digital monetary providers that empower traders in post-pandemic Malaysia.

Ramssol Group has partnered with coaching and advisory providers firm Elmu V Sdn Bhd to increase its IT-related coaching enterprise.

BTM Resources’ wholly-owned subsidiary, BTM Biomass Products Sdn Bhd has signed a proposed lease of leasehold industrial land with Perbadanan Memajukan Iktisad Negeri Terengganu (PMINT) for a 30-year time period lease of 8.09 hectares (20 acres) in Teluk Kalong, Kemaman , Terengganu.

Meanwhile, JF Apex expects the FBM KLCI to stays sideways over the approaching classes above the help of two,480 because it maintains a flattish development.

This comes on the again of the benchmark index’s 5.98-point advance to 1,494.86 factors within the earlier session.

Overnight, the US market had plunged following renewed issues over the Omicron variant.

The UK had warned of a tidal wave of Covid circumstances as a result of new variant, which triggered a fall in European shares.

Investors can have their eyes peeled for financial coverage decisiosn by central banks within the US, England, Japan and Europe later this week.



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