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Tag Archives: Stock on the Move

Quick take:SYF shares down on profit-taking

KUALA LUMPUR: Shares in SYF Resources Bhd were lower in early trade Tuesday as investors take profit after recent gains.

The rubberwood furniture manufacturer declined 1.18%, or 0.5 sen to 42 sen with over four million shares traded. Year-to-date, the counter has risen about 6.4%.

“SYF is set for an uptrend reversal eyeing its recent high after it moved past the nearest resistance of 41.5 sen on strong volume – printing a long white candlestick,” RHB Retail Research said.

“If it manages to remain above that level, the positive momentum may continue to propel

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Quick take: Dayang drops 3.5% on wider quarterly loss

KUALA LUMPUR: Dayang Enterprise Holdings Bhd fell over 3% in early trade Tuesday after reporting a wider net loss in the second quarter ended June 30.

The oil and gas services provider fell 3.47%, or 3.5 sen to 98 sen at 9.53am. Dayang-C15 lost 33.33%, or one sen to two sen and Dayang-C17 tumbled 75%, or 1.5 sen to 0.5 sen.

Dayang’s net loss for the second quarter ended June 30, 2021 (2Q21) widened to RM21.89mil from RM985,000 a year ago.

It recorded lower revenue of RM159.7mil compared with RM170.9mil a year ago.

For the first half ended June 30 (1H

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Quick take: PMB Tech rises 8%, hit record high

KUALA LUMPUR: PMB Technology Bhd, which has been on an uptrend, climbed over 8% to a record high in early trade Monday.

The counter jumped 61 sen, or 8.2% to RM8.05, making it the second top gainer on Bursa Malaysia at 9.35am. At RM8.05, the stock has a market capitalisation of RM1.72bil.

Year-to-date, the stock has gained 76% from RM4.573 on Dec 31, 2020.

PMB Technology is an inve

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Quick take: Gadang rises on new RM100mil contract

KUALA LUMPUR: Shares in Gadang Holdings Bhd climbed in early trade Monday after securing a RM100.34mil subcontract works from Binary Vista Sdn Bhd.

The construction engineering company added 2.63%, or one sen to 39 sen at 9.10am. Year-to-date, it has fallen some 12.3%. Gadang-WB jumped 100%, or 0.5 sen to one sen.

Gadang said its wholly-owned subsidiary, Gadang Engineering (M) Sdn Bhd (GESB), has secured a RM100.34mil subcontract works for Central Spine Road Package 2 from Binary Vista.

It said GESB would be the subcontractor to undertake demolition, site clea

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Quick take: Pasukhas rises on RM77mil new contract

KUALA LUMPUR: Shares in Pasukhas Group Bhd climbed in early trade Friday after securing a building and external work contract worth RM77mil.

The counter rose 0.5 sen, or 4.35 to 12 sen with over three million shares traded. Pasukhas-WA rose 33.33%, or 0.5 sen to two sen with over nine million shares done.

Pasukhas has secured a building and external works contract from Famous Ambience Sdn Bhd for RM77mil to complete the construction of a commercial smart building in Jalan Tun Razak.

It said the construction is scheduled to be completed entirely by November 2

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Quick take: BSL rises 8.4%, hit record high

KUALA LUMPUR: BSL Corporation Bhd, which has been on an uptrend, rose 8.5% to record high in early trade Friday.

The precision metal part and printed circuit board maker rose 8.46%, or 17 sen to RM2.18, its all-time high. Year-to-date, the counter has risen a whopping 473%.

BSL expects to have its sector reclassified to Technology - Semiconductors soon.

The company is currently pla

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