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More substance in picking small-cap jewels

HLT Global, Boustead, Magna Prima, IWCity, Tan Chong, AmFirst REIT, Homeritz, Freight Management, M3, MAHB and Artroniq

HLT Global, Boustead, Magna Prima, IWCity, Tan Chong, AmFirst REIT, Homeritz, Freight Management, M3, MAHB and Artroniq
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Supermax, Top Glove, Mestron, Iris Corp, Homeritz, Uchi Technologies, KTG and Jerasia

KUALA LUMPUR (Jan 29): Based on corporate announcements and news flow today, stocks that may be in focus next Tuesday (Feb 2) include: Supermax Corp Bhd, Top Glove Corp Bhd, Mestron Holdings Bhd, Iris Corp Bhd, Homeritz Corp Bhd, Uchi Technologies Bhd, KTG Bhd and Jerasia Capital Bhd. Supermax Corp Bhd reported a new record net profit of RM1.06 billion for the second quarter ended Dec 31, 2020, up 34% from RM789.52 million in the preceding quarter. Quarterly revenue surged to RM2 billion from RM1.35 billion in the first quarter. This implies a net profit of nearly 50%. The anticipated big leap in earnings was mainly fuelled by higher average selling prices (ASPs), as demand for gloves continued to soar worldwide against the backdrop of the Covid-19 pandemic.

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