KUALA LUMPUR: Stock with recent corporate announcements that could see increased trading action include Country Heights, Malaysia Smelting Corp, LBS Bina Group, Sunway REIT, Cahya Mata Sarawak, Signature International, Fiamma, MPHB Capital, Serba Dinamik, EA Technique and Zelan, said JF Apex Research.
KUALA LUMPUR (May 18): Tin miner and metal producer Malaysia Smelting Corp Bhd (MSC)’s net profit for the first quarter ended March 31, 2022 (1QFY22) climbed almost three-fold or 190.86% higher to RM64.34 million, from RM22.12 million in the same period last year.
Kenanga Research has maintained “trading buy” on Malaysia Smelting Corp Bhd (MSC) with a fair value of RM5.55 and said MSC is likely to see a record financial year in the financial year ending Dec 31, 2022 (FY22).
KUALA LUMPUR (Feb 18): Malaysia Smelting Corp Bhd (MSC) saw its net profit for the fourth quarter ended Dec 31, 2021 (4QFY21) rise more than four times to RM64.07 million, from RM14.92 million a year ago.