Highlights

PublicInvest Research

Author: PublicInvest   |   Latest post: Fri, 15 Jan 2021, 10:38 AM

 

Dayang Enterprise Holdings - New Addition To Portfolio

Author: PublicInvest   |  Publish date: Fri, 15 Jan 2021, 10:38 AM


Just a day after the announcement of a contract extension by Sarawak Shell, the Group reported that it has clinched a new contract from a new a client, Mubadala Petroleum for the Provision of Pan Malaysia Maintenance, Construction and Modification (PM-MCM). There is no fixed value provided in this contract as it will be based on work orders issued by the client from time to time. That said, we are positive over this contract given the new addition to its portfolio, providing the Group opportunities to secure more contracts in the future. We maintain our FY20-22F forecasts, having accounted it in our annual replenishment assumptions. Our Outperform rating on Dayang is affirmed with an unchanged TP of RM1.66. Dayang is a preferred pick for the sector in 2021 as we foresee the Group to report strong earnings in FY21 on the back of outstanding orderbook in hand of RM3.6bn and progressive recovery in the sector outlook.

  • New contract for the new year. The contract has been awarded by Mubadala Petroleum’s entity, MDC Oil & Gas (SK320) Ltd for the Provision of Pan Malaysia Maintenance, Construction and Modification (PM-MCM) with lifespan firm for 32 months, starting 9 Dec 2020 and shall expire on 16 July 2023. The contract has an option to extend for 1-year period. No value has been provided nonetheless, as it is based on work orders issued by the client throughout the contract duration at a fixed schedule of rates.
  • …and all new. We understand that this contract is for a newly completed platform, hence work order to be issued is rather smallish estimated to be around RM10m. Nevertheless, we expect the new addition to its portfolio would provide opportunities to secure more new contracts in the future. While this contract is expected to generate new income stream, it also demonstrates that jobs are still available in the sector.
  • Earnings Forecasts remain unchanged, as we have assumed this under our annual orderbook replenish assumption of c. RM200m/year. Dayang’s outstanding orderbook remains strong at RM3.6bn. While no contracts have been terminated during the recent “crisis”, most work orders which are largely based on call-outs would likely have been deferred in 2021 given the uncertainty and volatile oil prices.arch - 15 Jan 2021

Source: PublicInvest Research - 15 Jan 2021

Labels: DAYANG
  Be the first to like this.
 

Perak Transit Berhad - To Manage Terminal Sentral Kuantan

Author: PublicInvest   |  Publish date: Fri, 15 Jan 2021, 10:36 AM


Perak Transit (PTB) announced that its wholly-owned subsidiary of Terminal Urus Sdn Bhd has entered into a collaboration agreement with Energetic Point Sdn Bhd to manage a bus terminal of Terminal Sentral Kuantan (TSK) in Pahang. The collaboration will be for a total period of 9 years, commencing from February 2021. We are positive on this development as it will further expand its bus terminal operations into other cities. As part of the agreement, Terminal Urus will equally share the investment cost of TSK of RM3.05m, out of its total cost of RM6.1m. Meanwhile, it will receive a fixed monthly management fee of RM100k. As such, we raise our earnings by ~2% annually from FY21F onwards, factoring in a minimum of 3% yearly increment. Our DCF-based target price is revised to RM1.10 (previously RM1.03, exconsolidation shares). We retain our Trading Buy call on PTB.

  • The collaboration. Energetic Point is principally involved in the business of providing, developing and servicing computer software and applications for e-ticketing, selling bus tickets and conduct related training courses. On 11th August 2020, Energetic Point has entered into a concession agreement with Majlis Perbadanan Kuantan for the terminal management system for TSK until 2nd August 2030. Terminal Urus will manage and oversee TSK for a total period of 9 years (effective from February 2021 to January 2030) and will equally share the total investment cost of TSK amounting to RM3.05m, to be funded via its internally generated income of the Group. Meanwhile, the Group will receive a fixed monthly management fee of RM100k per month, with a minimum of 3% increment every year.
  • Our view. The collaboration is positive for the Group to further expand its bus terminal management services. We estimate this will increase the Group’s earnings by ~RM1m annually (~2%), with a payback period of 3 years. As at September 2020, the Group’s cash and bank balances stands at RM80.3m.
  • Outlook. Moving forward, we expect earnings improvement upon full commencement of the new Terminal Kampar. We estimate an annual contribution of about RM10m from Terminal Kampar, which accounts for c.22% of our FY21F numbers’, based on take-up rate of 70% of the terminal by 2021.

Source: PublicInvest Research - 15 Jan 2021

Labels: PTRANS
  Be the first to like this.
 

PublicInvest Research Daily - 15 Jan 2021

Author: PublicInvest   |  Publish date: Fri, 15 Jan 2021, 10:34 AM


Economy

  • US: Import prices accelerate on higher energy costs. US import prices increased more than expected in Dec, boosted by higher prices for energy products and a weak dollar, suggesting inflation could pick up in the near term. The Labor Department said on Thursday import prices jumped 0.9% last month after rising 0.2% in Nov. Economists polled by Reuters had forecast import prices, which exclude tariffs, accelerating 0.7% in Dec. In the 12 months through Dec, import prices slipped 0.3% after dropping 1.0% in Nov. Fuel prices shot up 7.8% after increasing 4.8% in Nov. Imported food prices slipped 0.2%. Excluding fuels and foods, import prices increased 0.4% after being unchanged in Nov. (Reuters)
  • US: Weekly jobless claims climb to highest in over four months. First-time claims for US unemployment benefits climbed by much more than expected in the week ended Jan 9, according to a report released by the Labor Department on Thursday. The report said initial jobless claims rose to 965,000, an increase of 181,000 from the previous week's revised level of 784,000. Economists had expected jobless claims to inch up to 795,000 from the 787,000 originally reported for the previous week. With the bigger than expected increase, jobless claims reached their highest level since hitting 1m in the week ended Aug 22. (RTT)
  • EU: ECB policymakers concerned pandemic second wave would prolong crisis, minutes show. ECB policymakers were concerned that the resurgence in the coronavirus pandemic that has led to restoration of lockdown in several countries could prolong the economic crisis, minutes of the latest policy session showed on Thursday. "Members considered that the impact of positive news regarding the availability of vaccines on the medium-term outlook needed to be weighed against the impact of the more negative latest news on infection rates and containment measures in the short term," the minutes showed. (RTT)
  • EU: Eurozone house price inflation steady at 4.9%. The euro area house prices grew at a steady pace in the 3Q, data published by Eurostat showed on Thursday. House prices advanced 4.9% annually, the same rate of growth as posted in the 2Q. On a quarterly basis, growth in house prices slowed to 1.3% from 1.6% a quarter ago. In the EU27, house prices advanced 1.4% sequentially, taking the annual growth to 5.2%. Among the member states for which data are available, the highest annual increases in house prices were recorded in Luxembourg, Poland and Austria, while prices fell in Cyprus and Ireland. (RTT)
  • EU: German economy to grow less strongly than expected in 2021 - Altmaier. German Economy Minister Peter Altmaier said on Thursday the economy was likely to grow less strongly this year than previously forecast as the current situation in the Covid-19 pandemic was much worse than anybody had expected. The government’s latest estimate from Oct sees Europe’s largest economy growing by 4.4% in 2021. Berlin will update its forecast later this month. GDP data released earlier on Thursday showed the economy shrank by 5.0% in 2020, less than expected and a smaller contraction than during the global financial crisis as unprecedented government rescue and stimulus measures helped lessen the shock of the Covid-19 pandemic. (Reuters)
  • UK: Housing market boom starts to fade, survey shows. A boom in Britain’s housing market has started to fade, dampened by new Covid-19 lockdowns and the coming expiry of a temporary tax cut for buyers, a survey showed on Thursday. The Royal Institution of Chartered Surveyors’ monthly gauge of new buyer enquiries fell in Dec to a seven-month low of +15% from +26% in Nov. Only London showed weak house price growth, RICS said. Britain’s housing market rebounded strongly after the first Covid-19 lockdown as buyers sought bigger houses with gardens. BOE shows mortgage approvals in Nov topped 100,000 for the first time since 2007. (Reuters)
  • China: Exports continue to expand strongly in Dec. China's exports continued to log robust growth in Dec driven by higher global demand for pandemic-induced goods, official data revealed Thursday. Exports grew 18.1% on a yearly basis in Dec, faster than the expected growth of 15.0%, data from the General Administration of Customs, showed. Nonetheless, the rate of increase slowed from 21.1% posted in Nov. Driven by domestic demand, imports growth advanced to 6.5% from 4.5% a month ago. This was also faster than the economists' forecast of +5.0%. (RTT)
  • Japan: Nov core machinery orders rise 1.5% MoM. Japan's core machinery orders rose 1.5% in Nov from the previous month, up for the second straight month, government data showed on Thursday. Compared with a year earlier, core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months, declined 11.3% in Nov, the Cabinet office data found. (Reuters)
  • Japan: BOJ lifts economic assessment of 3 out of 9 regions. The Bank of Japan upgraded its economic assessment of three out of nine regions and downgraded one, according to the latest Regional Economic Report, released Thursday. Many regions, while noting that their economy had been in a severe situation due to the impact of the novel coronavirus, there were signs of picking up. However, the impact of a resurgence of Covid-19 had been pointed out recently, primarily in the services industry, the bank noted. The bank raised the assessment of Hokuriku, Shikoku and Kyushu- Okinawa regions and lowered its view on Hokkaido. (RTT)
  • India: Wholesale prices rise in Dec. India's wholesale prices increased at a softer pace in Dec, data from the Ministry of Commerce & Industry showed on Thursday. The wholesale price index rose 1.2% YoY in Dec, after a 1.5% increase in Nov. Economists had expected a 1.3% rise. The primary articles price index declined 1.6% annually in Dec, after a 2.7% growth in the previous month. Food price inflation eased to 0.9% in Dec from 3% in the previous month. Fuel and power prices declined 8.7% in Dec, following a 9.9% fall in the prior month. Prices of manufactured products grew 4.24% in Dec, following a 3% gain in the previous month. The wholesale prices rose 1.3% in Oct. (RTT)

Markets

  • AirAsia X (Underperform, TP: RM0.01): Shows court creditors' support for restructuring plan. Most of AirAsia X (AAX) lessors support a restructuring plan, and it has received interest from potential investors for fundraising after reorganization, court documents filed this month show. Supportive lessors said they wanted to continue discussions with AAX and potential new investors, seeking more equitable terms and new commercial arrangements. The affidavits come after more than a dozen creditors filed to intervene with its proposed court-supervised restructuring, with lessor BOC Aviation Ltd and airport operator Malaysia Airports arguing that AAX is "hopelessly insolvent". (Reuters)
  • Pharmaniaga: In talks with MoH over Covid-19 vaccine purchase. Pharmaniaga said it is in the midst of negotiation with the Ministry of Health (MoH) for the purchase of the Covid-19 vaccine from China’s Sinovac Life Sciences Co Ltd (Sinovac LS) for distribution in Malaysia. "The pre-submission meeting with the NPRA has been completed and the company will be submitting the vaccine dossier to the NPRA soonest [possible]. There shall not be any clinical trials in Malaysia, and the company will rely on clinical data from China, Indonesia, Turkey and Brazil for registration of the vaccine in Malaysia," it added. (The Edge)
  • See Hup: Disposes of land in Penang for RM46.96m. See Hup has entered into a conditional SPA for the disposal of a parcel of land in Seberang Perai Tengah, Penang, to Wangsaga Industries SB and Tek Seng Properties & Development SB for a cash consideration of RM46.96m. The price of the land parcel translates to RM55 per sqft, and an estimated 3.9% premium over the RM45.2m market valuation. The rationale behind the decision is that the market value of the property has appreciated over the year and it is part of its plans to monetise investments in property assets. (The Sun Daily)
  • Jiankun: Plans private placement to fund property project. Jiankun International has proposed to undertake a private placement of up to 20% of the total number of issued shares to raise RM23.03m, which will partly fund the group’s planned land acquisition in Melaka and development costs of the tract. The land was approved for the development of a hotel and service apartments. However, the said development order has lapsed on 2 June 2016. It intends to apply for a new development order, for the development of two blocks of 20-storey serviced apartments. (The Edge)
  • JCY: Major customer cuts order, to eventually stop purchases. JCY International said a major customer has decided to reduce and eventually stop purchases of one of the company's component products, which will have negative impacts on JCY's financial standing. This comes as HDD producers are embarking upon a rationalisation of their supply chain, which in turn affects HDD component suppliers. "This is expected to have negative impacts on JCY’s revenue, cost of production and possibly result in impairment provisions for the company’s FY21," JCY said. (The Edge)

MARKET UPDATE

  • The FBM KLCI might open weaker today as US stocks ended lower on Thursday after the Dow and Nasdaq hit record highs earlier in the session as investors focused on US President-elect Joe Biden’s pandemic aid proposal, while the US dollar weakened. The Dow Jones Industrial Average fell 68.95 points, or 0.22%, to 30,991.52, the S&P 500 lost 14.3 points, or 0.38%, to 3,795.54 and the Nasdaq Composite dropped 16.31 points, or 0.12%, to 13,112.64. European shares gained for a third straight session. The pan-European STOXX 600 index rose 0.72%.

Back home, the FBM KLCI closed down 0.98 points or 0.06% at 1,635.71 while Bursa Malaysia’s Technology Index rose over 3% to become the top percentage gainer among bourse gauges as investors weighed the economic impact of the nation’s reinforced Covid-19-driven Movement Control Order (MCO) across several states and federal territory. The Hang Seng gained 0.93% and the Nikkei 225 rose 0.85%. The Shanghai Composite lost 0.91%.

Source: PublicInvest Research - 15 Jan 2021

  Be the first to like this.
 

Technical Buy - LUSTER (5068)

Author: PublicInvest   |  Publish date: Fri, 15 Jan 2021, 10:01 AM


  • Target Price: RM0.200, RM0.210
  • Last closing price: RM0.185
  • Potential return: 8.1%, 13.5%
  • Support: RM0.175
  • Stop Loss: RM0.165

Possible for sideways breakout. LUSTER is staging a potential breakout from its current sideways channel. Corresponding RSI and MACD indicators remain healthy while trending sideways, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.200 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.210.

However, failure to hold on to support level of RM0.175 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 15 Jan 2021

Labels: LUSTER
  Be the first to like this.
 

Technical Buy - SNTORIA (5213)

Author: PublicInvest   |  Publish date: Fri, 15 Jan 2021, 9:59 AM


  • Target Price: RM0.150, RM0.160
  • Last closing price: RM0.135
  • Potential return: 11.1%, 18.5%
  • Support: RM0.130
  • Stop Loss: RM0.115

Possible for sideways breakout. SNTORIA is staging a potential breakout from its current sideways channel. Corresponding RSI and MACD indicators remain healthy while trending sideways, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.140 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance levels of RM0.150 and RM0.160.

However, failure to hold on to support level of RM0.130 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 15 Jan 2021

Labels: SNTORIA
  Be the first to like this.
 

Technical Buy: SYSTECH (0050)

Author: PublicInvest   |  Publish date: Thu, 14 Jan 2021, 9:56 AM


  • Target Price: RM0.235, RM0.245
  • Last closing price: RM0.210
  • Potential return: 11.9%, 16.6%
  • Support: RM0.195
  • Stop Loss: RM0.185

Possible for sideways breakout. SYSTECH is staging a potential breakout from its current sideways channel. Corresponding RSI and MACD indicators remain healthy while trending sideways, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.225 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance levels of RM0.235 and RM0.245.

However, failure to hold on to support level of RM0.195 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 14 Jan 2021

Labels: SYSTECH
  Be the first to like this.
 

Technical Buy: SCNWOLF (7239)

Author: PublicInvest   |  Publish date: Thu, 14 Jan 2021, 9:56 AM


  • Target Price RM0.250, RM0.265
  • Last closing price RM0.235
  • Potential return 6.3%, 12.7%
  • Support RM0.220
  • Stop Loss RM0.200

Possible for sideways breakout. SCNWOLF is staging a potential breakout from its current sideways channel. Corresponding RSI and MACD indicators remain healthy while trending sideways, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.250 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.265. However, failure to hold on to support level of RM0.220 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 14 Jan 2021

Labels: SCNWOLF
  Be the first to like this.
 

Greatech Technology Berhad - New Land Acquisition

Author: PublicInvest   |  Publish date: Thu, 14 Jan 2021, 9:54 AM


Greatech has announced a proposed land acquisition for a piece of vacant leasehold land in Batu Kawan, measuring 5.9 acres, for RM13.4m. A new operational facility of 200k sqft will be built on this piece of land, of which it will house the manufacturing operations relocated from Kulim, as well as to serve Greatech’s future expansion. The total investment of this piece of land and the facility is estimated to be c.RM55m, inclusive of the land cost. We expect the land purchase to complete by end-CY21. While we are still optimistic on Greatech’s long term prospects, given its unique exposure to the photovoltaic (PV) and electric vehicle (EV) sectors, however, we believe that the recent run up in share price (up by 52% since our initiation of coverage on 12th October), has priced in its near-term positives. With a mere upside of 3%, we downgrade our recommendation on Greatech to Neutral, with an unchanged TP of RM5.35 post bonus.

  • Details on the acquisition. Greatech has entered into a SPA with the Penang Development Corporation to purchase a parcel of vacant leasehold land in Batu Kawan, measuring 5.9 acres (c. 257k sqft), for a total purchase consideration of RM13.4m, which works out to be c. RM52 per sqft. The land purchase will be fully funded by the Group’s internally generated funds. As at 30th September 2020, Greatech is sitting on cash pile of RM41m. Barring any unforeseen circumstances, the land purchase deal is expected to complete by end of CY21.
  • For future expansion. This new piece of land purchased has been earmarked for Greatech’s future expansion, as well as to accommodate its existing manufacturing operations in Kulim, which are currently housed in leased premises. This move to relocate its manufacturing operations back to Batu Kawan would help consolidate the Group’s operations as well as management, given the close proximity to its head office in Bayan Lepas and its assembly plant in Batu Kawan. The relocation is also expected to result in rental savings of c.RM323k per annum.
  • On the land. The proposed facility to be built on this new piece of land is expected to have a built-up area of 200k sqft, of which c.50k sqft will be allocated for its operations relocation in Kulim, while the remaining 150k sqft will be used to support the Group’s future expansion. The total investment for this expansion is estimated to be c.RM55m, inclusive of the land cost of RM13.4m.

Source: PublicInvest Research - 14 Jan 2021

Labels: GREATEC
  Be the first to like this.
 

Dayang Enterprise Holdings - Extension For OSV Contract

Author: PublicInvest   |  Publish date: Thu, 14 Jan 2021, 9:53 AM


Dayang reported that it has been given a contract extension by Sarawak Shell Berhad for the provision of one unit of Accommodation Work Boat (Dayang Opal) for an umbrella contract involving Offshore Support Vessel (OSV) Services. While no contract value was disclosed, we are positive on this nonetheless as it represents that work activities in the oil and gas sector are continuing, with the Group maintaining the utilization of its vessels. We maintain our FY20 - FY22 forecast, having assumed it in our replenishment assumptions. On the Group’s upcoming 4QFY20 results in February, we foresee indications that the Group is poised for strong earnings recovery in FY21 on the back of outstanding orderbook in hand of RM3.6bn. Our Outperform rating on Dayang is affirmed with an unchanged TP of RM1.66. Dayang is a preferred pick for the sector in 2021.

  • The extension is for one unit of Accommodation Work Boat (Dayang Opal) for the umbrella contract involving OSV Services for Petronas’ Petroleum Arrangement Contractors’ (PACs) Drilling and Project Activities. Contract lifespan is one year, starting 20 March 2021 until 19 March 2022. While no value has been provided as it based on work orders issued by the client, we estimate it could be within the range of RM20m – RM26m based on the daily charter rate of RM55,000 to RM70,000 for OSVs currently.
  • Healthy outlook. We are positive on this extension as it shows that overall work activities are still continuing albeit a slower pace, and with the Group being able to maintain its vessel utilization of 60% currently. We make no change to earnings forecast as we have assumed this under our replenishment assumption of ~RM200m/year. Dayang’s outstanding orderbook remains strong at RM3.6bn. While no contracts have been terminated during the recent “crisis”, most work orders which are largely based on call-outs would likely have been deferred to 2021 given the uncertainty and volatile oil prices then.
  • Poised for strong earnings recovery. While the Group’s 4QFY20 results in Feb is likely to be affected by bad weather and possible lagged effects of oil majors’ capex reduction, we foresee the Group poised for strong earnings recovery in FY21 on the back of solid orderbook in hand. This is in tandem with progressive recovery in sector dynamics for 2021.

Source: PublicInvest Research - 14 Jan 2021

Labels: DAYANG
  Be the first to like this.
 

Berjaya Sports Toto Berhad - Temporary Impact From MCO 2.0

Author: PublicInvest   |  Publish date: Thu, 14 Jan 2021, 9:52 AM


Following the reintroduction of the Movement Control Order (MCO) in parts of Malaysia, Berjaya Sports Toto (BST) is required to temporarily shut down outlets from 13 to 26 January 2021. However, this is only affecting outlets located in Selangor, Penang, Johor, Sabah, Melaka, Kuala Lumpur and Putrajaya. Based on our estimate, should the MCO be implemented over a one-month period, BST’s FY21F earnings will see a 6% reduction. We revise down our FY21F projection by 6% while FY22-23F remains unchanged. Despite the near term hiccups, we continue to believe that BST’s business is relatively more resilient compared to casino operators within the gaming sector as it should recover quicker once all business operations are allowed to resume. Generally, we are of the view that Malaysian economic activities would rebound towards 2H21 when the Covid-19 vaccine is made available to a larger population of the country. We roll forward our valuation to FY22F and hence, revise up our TP from RM2.60 to RM2.80. We maintain our Outperform rating on BST.

  • Affecting only outlets in areas undergoing MCO. Unlike the previous MCO, only outlets located in the states and Federal Territories undergoing MCO will be required to shut down from 13 to 26 January 2021. Meanwhile, all other outlets in Pahang, Perak, Negeri Sembilan, Kedah, Perlis and Sarawak (undergoing Conditional Movement Control Order and Recovery Movement Control Order) will continue operate as usual. We understand that about 60% of BST’s 680 outlets are located in the MCO area.
  • Earnings impact. Based on our estimate, a 2-week closure will lead to c.3% decline in BST’s FY21F earnings. Although the estimated impact is immaterial, we note that there is still possibility of the MCO being extended, potentially resulting in higher earnings downside. Also we note that this could spill over into the peak period of Chinese New Year where potential loss of ticket sales will be more significant. As such, we cut our earnings estimate for FY21F by 6%. Nevertheless, the adverse impact is not expected to be long-lasting as sentiment and economic activities should pick up towards 2H21 once the Covid-19 vaccine is made available to a larger population of the country. At this juncture, our earnings forecasts remain unchanged.

Source: PublicInvest Research - 14 Jan 2021

Labels: BJTOTO
  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View Trading Signals and run Live Backtest
MQ Affiliate
Earn rewards with MQ Affiliate Program
 
 

457  490  616  543 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 PRG 0.285+0.055 
 PNEPCB 0.42-0.08 
 XOX 0.105-0.005 
 AT 0.185+0.01 
 SEALINK 0.18+0.015 
 GPA 0.125+0.015 
 IRIS 0.405-0.01 
 JCY 0.515-0.07 
 MTRONIC 0.105+0.005 
 ASIAPLY 0.30+0.03 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!

TOP ARTICLES

1. Evidence that prove JP Morgan's Jeffrey Ng analyst report on Glove is irresponsible and materially full with unreliable data GillianTan Reviews
2. COULD SOMETHING BE COOKING FOR THIS COUNTER ???? !!!! Bursa Master
3. UNISEM (5005) - Super Powerful Technology Counter Bursa Malaysia Free Trading Education
4. AT Glove (0072) - Second glove factory (Step 5) Rubber Glove companies till year 2023
5. Daily technical highlights – (OCK, TGUAN) Kenanga Research & Investment
6. 1% left of Topglove shares to be shorted by JP Morgan and their foreign associates. Don't let foreign investors fool you to sell GillianTan Reviews
7. Gloves Market Revenue - CAGR 13% during period 2021-2026 Rubber Glove companies till year 2023
8. Gloves - Some Significant Problems with JP Morgan's Report Trying to Make Sense Bursa Investments
PARTNERS & BROKERS