KUALA LUMPUR: JF Apex Research expects Felda Global Ventures
Holdings Bhd (FGV), AirAsia X Bhd, IOI Properties Group Bhd, Johore Tin Bhd and
Dialog Group Bhd to be among the stocks to watch on Wednesday. The exploration house additionally expects Salcon, Huat Lai,
Kossan, Century Logistics, Destini, Ikhmas Jaya and Sunway Construction to
produce some exchanging enthusiasm after their quarterly results declarations
yesterday.
FGV said conceivable false acts might be mostly to fault for
the gathering's after-assessment loss of RM40.07mil in the second from last
quarter finished Sept 30 contrasted and a benefit of RM20.19mil a year prior. AirAsia X enrolled its fourth continuous benefit in the
second from last quarter finished Sept 30, 2016 (3QFY16), posting a net benefit
of RM11.03mil contrasted and a net loss of RM288.19mil in 3QFY15.
The whole deal ease member of AirAsia Bhd saw its income
increment 23.9% to RM982.4mil in 3QFY16 from RM793.01mil in 3QFY15,
predominantly credited to a 54% expansion in planned flight income, a half
development in subordinate pay and a 34% ascent in flying machine working lease
pay. IOI Properties saw its net benefit develop by 64.2% to
RM189.57mil or 4.3 sen for every partake in the main money related quarter
finished Sept 30, 2016 (1QFY17) from RM115.48mil or 3.07 sen for every share a
year back.
Johore Tin Bhd's net benefit dramatically multiplied to
RM10.79mil or 7.85 sen for every partake in the second from last quarter
finished Sept 30, 2016 (3QFY16) from RM3.29mil or 3.52 sen a year back because
of higher deals, bring down material expenses and remote trade pick up on money
related settlement. Discourse's net benefit climbed 35% year-on-year to
RM81.33mil in its first quarter finished Sept 30, 2016 (1QFY17) from
RM60.07mil, on higher commitment from its joint endeavors, especially the
Pengerang Independent Terminals which has completely rented out its stockpiling
limit.
In the mean time, the US markets broadened their unsurpassed
high as the post-race rally kept after enhanced new existing home deals and higher
oil costs. Thus, European stocks propelled taking after Wall Street's
additions and desire that Organization of the Petroleum Exporting Countries
(Opec) individuals will consent to a generation cut. JF Apex said taking after the hopefulness in the US and
Europe, the FBM KLCI could be certain today and climb towards its resistance of
1,645 focuses.
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