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us apple developer accounts for sale:Trading ideas: Genetec, AwanBiru, SMTrack, Pimpinan Ehsan, MyEG

admin2021-02-237

KUALA LUMPUR: Genetec Technology Bhd, Awanbiru Technology Bhd, SMTrack Bhd, Pimpinan Ehsan Bhd, My E.G. Services Bhd, Careplus Group Bhd and Petronas Dagangan Bhd are among the stocks to watch on Monday, according to JF Apex Research. Genetec Technology announced that it had secured RM56mil of new orders, of which RM53.7mil came from customers in the electric vehicle and battery industry while the remaining RM2.3mil orders were from the automotive, electronics, semiconductors and hard disk drive industries. AwanBiru Technology has been appointed as a managed service provider (MSP) to manage cloud services for the government. SMTrack has purchased an aircraft worth US$6.7mil (RM27mil) from a management consultancy firm Cakerawala Solution International Sdn Bhd as the former ventures into cargo carriage services. Pimpinan Ehsan is planning to turn the cash-rich company into a renewable energy player. The group said it has entered into Heads of Agreements (HOAs) with reNIKOLA Sdn Bhd and its owners (vendors) namely Boumhidi Abdelali and Tengku Zaiton Sultan Abu Bakar to acquire reNIKOLA via the issuance of new shares at a price to be revealed later. MyEG launched an online portal, SafeQ which offers an array of hotel accommodation and amenity options available to low-risk Covid-19 patients who wish to undergo mandatory quarantine requirements in more comfortable settings. Careplus’ 4QFY20 net profit skyrocketed to RM42.23mil from RM783,000 a year earlier, boosted by higher selling prices and strong demand. Petronas Dagangan’s 4QFY20 net profit dropped 29.5% year-on-year, as revenue fell 43.6% year-on-year. Malakoff posted a net profit of RM41.64mil in its 4QFY20 compared with RM106.41mil last year, marking a 61% drop. This was primarily due to the absence of one-off gain from the disposal of the group’s investment in Malakoff Australia Pty Ltd (MAPL) in December 2019. Malaysia Smelting Corp returned to the black in its 4QFY20 with a net profit of RM15.86mil versus a net loss of RM15.95mil in the year-ago quarter. The group attributed the improved earnings to higher tin prices and the reversal of written down inventories worth RM21.1mil. Luxchem’s 4QFY20 net profit jumped 68.5% year-on-year on the back of an improved manufacturing segment. On Friday, US markets ended flat amid rising rates, profit taking from technology counters and Treasury Secretary Janet Yellen's comment that more stimulus is needed. Earlier, European stocks advanced following corporate earnings, PMI data and Yellen's comments. “Following the mixed performances in Wall Street, the FBM KLCI could continue to hover sideways below the resistance of 1,615 points,” JF Apex said.
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