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KUALA LUMPUR: Wah Seong Corporation Bhd would need to secure more contracts of material value to sustain its post-Nord Stream 2 (NS2) recovery following the company's RM162 million contract win from BW Energy Gabon recently. ....
KUALA LUMPUR: Stocks to watch on Thursday include Hibiscus Petroleum Bhd, Techfast Holdings Bhd, Wah Seong Corp Bhd, Datasonic Group Bhd, Computer Forms (M) Bhd and Serba Dinamik Holdings Bhd, according to JF Apex Research. ....
s new contract win, Maybank Investment Bank Research is positive over the group s improving prospects and opportunities ahead. Valuations are still undemanding (6-8x FY22-23 PER), for the market has yet to fully embrace the strength of the earnings turnaround outlook, especially for its Qatari and Malaysia prospects, which would feature prominently from FY22, it said in a note. The research house, which has a buy call and target price of RM1.20 on Wah Seong, maintained its earnings estimates on epectation of its orderbook growing to RM2bil by FY21. Winning the Qatar pipe-coating jobs would be a key catalyst, for they would offer a similar earnings impact to the completed NordStream2 project. ....
KUALA LUMPUR (June 2): Based on corporate announcements and news flow today, companies in focus tomorrow (June 3) may include: Axiata Group Bhd, RHB Bank Bhd, Serba Dinamik Holdings Bhd, Hibiscus Petroleum Bhd, Techfast Holdings Bhd, Wah Seong Corp Bhd, Datasonic Group Bhd, Sime Darby Plantation Bhd, Boustead Holdings Bhd and Computer Forms (Malaysia) Bhd. Axiata Group Bhd's subsidiary, Boost Holdings Sdn Bhd, and RHB Banking Group have signed a. ....